veritasBS

SPY - SHORT target $230

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
The price of SPY reacted to resistance are @ $75. The chart action is reflecting 2008-2009 decline. If the 2008-2009 fractal plays out, there should be steep drop in SPY before ranging near the lows.

SPY SHORT: $273

TARGET: $230
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