SPDR S&P 500 (SPY)

[Footquarters]

1333 SPX and up





they haven't been able to get past the swing point... no down volume... looks like the R-3 really smacked them down this morning, reminds me of Cramer selling them down utube video.... will be watching that 1333 area, trend line and then 50% retrace line. 60 min charts are way oversold, so will trade the cross of the 5,5, slow stochs first thing this morning..... A reverse of yesterday's open.... at least it will do away with the triangles.... they did a good job with the consolidation ...... guess we will see.... yesterday they had no volume support, today they probably won't either. Short sellers will probably cover at or near the open.... This could be a big reversal day with all the indicators and moving averages at strong move levels either way..... 1355 and bamm we go up strongly....... exhaustion gap down .... if there is such a thing.....