ContraryTrader

Spy pullback

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Dow Jones gapped up completely outside its Bollinger bands smh.. easy call on this pullback.. Vix bounced and broke outside of its wedge ...

Possible pullback to 372 , if that goes,, then 369... overall pattern looks bullish but for now things are overbought

Make sure to cover on your shorts, swings will get risky this week
Komentar:
Looks like they might go that 380.. MFI over bought on 1hour.l but nobody is selling without a reason.. Let's see if a bad earnings is what is needed.. drop to 373 today.. could see 372 again before wed
Komentar:
Went short at 379.80.. Stop loss 381
372 10/31
Komentar:
Consumer confidence at 10.. chop till then

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