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PhanTichStock_com

SPY - Harmonic Bat Bearish Pattern - Short to $327 and $322

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
PhanTichStock_com Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Harmonic Patterns Chart Patterns SPDR S&P 500 ETF (SPY)
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trendanalysis harmonicpatterns chartpattern spy
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Comment:
I think this pattern will not be able to work, my confidence level now drop to 30%. Because Future buying power increases strongly and a rally during Pre-market will break out of the Stop loss line. Let's wait for another better chance to short SPY at $339 - $343.
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