Replies to post #56140 on SPDR S&P 500 (SPY)

[GLENO34]

left...Looks good...but the target was/is 71.00 and now that looks like it might be a struggle..Only time will tell..We could be in a consolidation spot here and then we spring on up..but remember we are in a bear market and we don't always bounce as big as we would in a normal correction or pullback...They have run the financials up a lot over the last week or so and I would think da boyz will want to see some pullback before they add to positions..Are you saying that my skillful countertrading is just luck and I will not be able to repeat it??Geezzzz

[sammy1024]

walker is looking for a pullback here. lots of negative divergence on the intraday charts. he was spot on with his call on the banks.