theapearmy

$SPY When bullish meets bearish

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
When #Bearish meets #Bullish

Looking for a run up or upwards chop based on $CS bailout and liquidity injection.

VIX needs to close above golden TL for further downside, but may need to cool off.

I'm watching $SPY and $VIX for ideal setups to initiate a short.

No guarantees on the outlook, but I'm cautious and expecting temporarily long movement.

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