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meestaman

SPY might go back down soon

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
meestaman  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns
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0
trendanalysis chartpattern
Watch the 4 hour chart. Weekly indicators are still bearing. People are saying this is the bottom, but I'm not convinced it's not a bull trap. I am watching the Weekly Chart, Daily chart and 4 hour chart closely. If the 4 hour chart reverts to a bearing trend, we may see a second leg down. SPY
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