Hello all, please help me get +1 reputation so I can comment. Thank you Spy is falling after it's Friday rally. All indicators are pointing south towards selling. AMEX:SPY
AMEX:SPY 3% gain in one day. This is the highest pump with lowest volume all year. Be prepared for either a big sell off Monday or more pump.
This is just a basic setup to remind us that we are transitioning from our ATH. We might settle somewhere at $464 before we takeoff again or even dip lower. This is uncharted territory
$NEGG is being short squeezed and it will probably reach ATH near end of trading day.
SPY is closing in on trending reversal. This is the indicator to sell now before you get trapped with the FED news coming out next week.