The SPY rejected hard off the .236 RT of the down move today keeping it in the bears zone.
It has a lot of work to do to get back into bullish territory. Key that it holds the dotted line
and does not confirm a double top as the down side could be significant. Likely to have some
harsh reversals in the next 3 trading days. I remain in scalp mode.
It has a lot of work to do to get back into bullish territory. Key that it holds the dotted line
and does not confirm a double top as the down side could be significant. Likely to have some
harsh reversals in the next 3 trading days. I remain in scalp mode.
