SPDR S&P 500 (SPY): $SPY monthly chart. Has violated the...

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Re: None

Saturday, 02/06/2016 12:34:12 PM

Saturday, February 06, 2016 12:34:12 PM

$SPY monthly chart.

Has violated the lower BB

Has the potential to close out 3 Black Crows before staging relief rally.

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$SPY daily chart

Momentum went negative

Stoch sharply down with room to go.

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Last week market rallied into the Fed only to viciously sell off afterwards and leave many trapped.

Next week may produce different results but as the saying goes " fool me once..."

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