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InTheMoneyMike

$SPY SHORT

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
InTheMoneyMike  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) short trade ES
4
4
trendanalysis chartpattern spy short trade es
$SPY showing major weakness coming off a double top and breaking trend. Yesterday appears to be a test of trendline and today will confirm the rejection

Taking a quick peek at blue-chips: $META $NFLX $MSFT, also showing signs of weakness

Despite Russia pulling back forces, I don't think its enough to prop up the market

First PT: 436
Second PT: 427
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