SPDR S&P 500 (SPY): momentum nosedived on friday indicating...

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Re: risk on post# 143703

Sunday, 07/26/2015 4:49:15 PM

Sunday, July 26, 2015 4:49:15 PM

momentum nosedived on friday indicating alot of weakness to come. The russels 2000 is looking for a correction IWM is sitting on crucial support 121 if that breaks look out below. Check macd indicator on iwm daily its pretty severe dive nothing in recent two years with exception of last oct has it seen such a drastic crossover underneath 0 line.

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