The short case is building nicely on SPY for me. I am so ready to ride this thing down to 396. On our first lower high, strong gravestone doji on the daily followed up by a pretty strong red candle. Today deff felt like a shake out day before a change of character to me.
Comment:
First Leg of prediction complete! Lets see if we have a pull back here (I honestly thought we would have by the good earnings reports) or we continue our drop back to 396 area!