Spy... Choppy next few sessions
Bulls might see a pennant
Bears still see the wedge
I'm waiting to see which way it goes
.. things might get choppy next few sessions.
Today's price action was extreme but 407 held
State of union tonight,
High chance we retest 415.
Vix wants to close a gap at 18.31 (Bullish)
10yr tells me to short tech (Bearish)
TLT tell me to short (Bearish)
Range will get tighter and tighter until one side breaks.
Right now I'd rather trade stocks then ETFS
No other major market moving news until CPI next week
Bears still see the wedge
I'm waiting to see which way it goes
.. things might get choppy next few sessions.
Today's price action was extreme but 407 held
State of union tonight,
High chance we retest 415.
Vix wants to close a gap at 18.31 (Bullish)
10yr tells me to short tech (Bearish)
TLT tell me to short (Bearish)
Range will get tighter and tighter until one side breaks.
Right now I'd rather trade stocks then ETFS
No other major market moving news until CPI next week
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