SPDR S&P 500 (SPY): I agree about demoralizing ouch. Wa...

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Re: USDollar post# 156255

Friday, 09/18/2015 4:39:09 PM

Friday, September 18, 2015 4:39:09 PM

I agree about demoralizing ouch.

Was checking IWM daily. The upper wick of yesterdays candle pierced the top Bollinger band and closed back in the band. When ive seen that usually means its owes a visit to the lower channel of the band. If not breakdown all together.

Think the close below 195.50 the twin candles on the daily and the weekly candle on spy looks ominous.

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