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ntran3

$SPY -- Long or Short

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ntran3 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns
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trendanalysis chartpattern
--$Spy hold tight on the life support level waiting for PCI
--Inflation peak yet?
--Depends on CPI report, lower than expecting # might see a bounce or another leg up
--Higher than expected, leg down for sure.
Comment:
CPI: 10/13 at 8.2 down from 9/13 8.3
still above 8.1 expected. I think market sell off because of higher than expected, but lower than previous month. hence, a bounce of the low
Expecting the FED to keep rate at .7 in Nov. 2
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