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MAgicTrx

March Madness!

Short
SPDR S&P 500 ETF TRUST (BATS:SPY)  
MAgicTrx  
BATS:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Technical Indicators
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chartpattern indicator
In the SPY a 15 day MA of lows gives us about a 2.5:1 containment MA and a 25 day MA of lows gives us over a 3:1 containment MA. There is a lot of potential energy ready for a downside move. April may be the cruelest month but there is definitely March Madness! Was Friday a reversal day?
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