Replies to post #212675 on SPDR S&P 500 (SPY)

[imiloa]

i think friday's job data is going to be the elephant in the swimming pool.

in the meantime, what's your thought on today's action?
think this bear flag will break downward?
or consolidate into support?

5min ADX/Awe still suggesting bearish momo
but 5min RSI has been OS since 10:30.

[imiloa]

couple SPY levels of note today:

daily ema9: 217.09 -- being SPY LOD bounce point
daily low BB: 216.84 -- being not much lower...