WorldEconomics

SPY Ready For Sell Off?

Short
WorldEconomics Aggiornato   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Since economic data means nothing anymore, and since the market is no longer has any connection to the economy, I guess we can rely on TA...?

Who knows. It seems like the S&P has hit a ceiling as of now at the 200MA. RSI is high on the 1D. MACD has PLENTY of room to come down. Let's see what happens.. it could be a red September.
Trade chiuso: obiettivo raggiunto:
Many targets reached, and the market followed the predicted trend line pretty close, but we did not reach the bottom of the funnel.
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