JerryDaniel

Drops is coming sooner or later Sooner is the better for market

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AMEX:SPY   SPDR S&P 500 ETF TRUST
If SPY keeps on going to the moon, when it comes to selling off we could see a 10-15% drop. When Dow is dropping Nasdaq is taking over this switch is pumping the SPY.

Not a healthy trend, if we look at the weekly chart every indicter shows that market is overbought and very expansive.

Still not have the courage to short the market but keeping cash is the better strategy.

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