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MuhWhipski

Possible SPY Long opportunity from smart money

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MuhWhipski  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Supply and Demand Pivot Points Rectangle SPDR S&P 500 ETF (SPY) spyshort spylong smartmoney smartmoneyconcept box-breakout zonetrading supplyandemandzones
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supplyanddemand pivotpoints rectangle spy spyshort spylong smartmoney smartmoneyconcept box-breakout zonetrading supplyandemandzones
Please read the chart text. Furthermore we are in a box that has proved there are lots of bulls at this area hence the previous rally at this zone. Could this be the Santa rally everyone is talking about to save spy? We can hope for smart money to re-enter longs here to boost spy back up towards the top of this range otherwise, I fear spy may drop slowly into 360's or lower. There is also a chance that spy just trends sideways and ranges more into the new year. What do you guys think is brewing?
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