SPDR S&P 500 (SPY): Agreed, risk...SPY’s energy looked weak...

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Re: risk on post# 257210

Friday, 03/16/2018 5:41:48 PM

Friday, March 16, 2018 5:41:48 PM

Agreed, risk...SPY’s energy looked weak this week, but somehow it did manage to hold support...it seems if tech drops, there will be nothing to hold SPY up and it’s looking to me like tech has peaked.

I wouldn’t be surprised to see low 260’s within the next couple of weeks unless something ignites the bulls i.e. Fed doesn’t raise rates...but highly unlikely!

Always good to have your VXX TA!

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