Replies to post #193385 on SPDR S&P 500 (SPY)

[risk on]

"Unless they manage to close it above the t line. then i'll wait."

They may, especially after the initial close below, but the close below spells the end of the existing pattern. Therefore , even if spy beats the 9 EMA , it will be temporary IMO , and the overriding techs are oscillators

[imiloa]

sounds like a prudent game plan.
i'm still holding my calls, hopping for a boost from either/both EIA/FOMC.

but will be exiting on any decent rally
then reevaluating.