Strong Spy long/short opportunity brewing up. (Smart Money)

SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

trendanalysis indicator beyondta spy spylong spyshort smartmoney fed interestrates

We are close to breaking out of this box like pattern. I have located strong supply zones along with other things indicating that we are heading here as we wait for interest rates. If we go to this 420 zone than we shall most likely sell off to lower 410-400ish area after all the rally hype has died down to consolidate here. look out, big moves brewing up!

Commento:

this did not go as expected! almost the complete opposite. however we did bounce a time or two from key demand areas

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