SPDR S&P 500 (SPY): last week was do or die for the bulls. c...

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Re: BlackThought post# 109757

Tuesday, 08/24/2010 3:59:37 PM

Tuesday, August 24, 2010 3:59:37 PM

last week was do or die for the bulls. could have been a different story if they would of had a good up move...but it would appear there fate is sealed. would like to see lower lows, with positive divergence on the macd before looking for buy trades...till then, look for lower lows...more distribution today.

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