justinsandell

SPY Bearish

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Be prepared for some selling. I am not a fortune teller - this market could easily pump back upwards. I do however want to warn everybody that this market is looking bearish right now for next week. Consider hedging against your long positions!

The momentum is bearish and we have little resistance on our way back down.

May you all have a blessed week and I wish you luck in your trades!

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