S&P 500 Analysis & ETF Trading

[kiy]

Its not what it "seems"...
The crowd and Psychology of the Fed will now fix it...?...wishful...
Don't get caught up in the crowd...
Daily is overbought and like I said yesterday the Market can take us to 1440+...daily bias is up until it isn't=next signal...
STEP down to intraday timeframes and follow the signals...
Is the next sell signal going to get reversed at centerline like yesterday...
I don't know...all I can do is take the trade...
15 minute reversed centerline yesteday..see what next signal does...we need to work off some of this overbought...even if market is going to remain "FED biased" ...like I said yesterday 1425 may be all the down there is until after the FED next week...
15 minute

Daily... needs to get back inside the bands to end the noise of the speculators...