SPDR S&P 500 (SPY): I agree... The indexes still show s...

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Wishthiswasmyjob

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Wishthiswasmyjob

Re: spartex post# 341346

Thursday, 05/13/2021 5:15:32 PM

Thursday, May 13, 2021 5:15:32 PM

I agree...
The indexes still show solid overhead resistance -
developed over the last month +

SPY support/resist line can be drawn here at 411.50-412

IWM with a classic topping pattern....

today seemed like a short squeeze, twice, and all it
seemed to do was deplete the short covering fuel.

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