TTMTrades

Market Update: SPY 440 on The Table / FCEL and FB Play Next Week

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Good Afternoon Team, The market played out as we called it with a $460 push to only be rejected and create a lower high and lower low. Bulls step to the side for now, as the bears have taken over on a day to day basis. As of now the market was unable to hold the Weekly $456 support which opens the door for a $440 flush next week. Expect a bounce starting Monday before you get the flush as we are a bit oversold on the intraday charts.

To The Moon Trades
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