Replies to post #53273 on SPDR S&P 500 (SPY)

[learningboutinv]

I still think they are going to manufacture a ST tradable bounce. TRIN/TRINQ is on tradable bounces right now, NAMO around -40. I guess we will find out around 15:30-15:40 if people start to unwind/sell their short positions. But long term I agree doesn't look good.

(EDIT, 10points away to where we started on the last bounce)