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RayonMarkets

Short with Gap Fill as Target

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Wave Analysis Technical Indicators SPDR S&P 500 ETF (SPY) spyshort spyanalysis swing Contains image
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trendanalysis waveanalysis indicator spy spyshort spyanalysis swing containsimage
SPY is creating an intermediate top , with a lower high formed below the previous lower high ( which was at the bear gap below All Time High. We may see a deeper correction and a short trade with target as gap fill below is looking good
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