Monday, October 3, 2011

POST 1110 Break Down S&P500 Chart (SPY)

Clearly the BS pops over 1125 and 1130 were nothing more than noise created to throw traders off of the real trend. The real trend is down. a trade below 1100 will trigger sell stops down to 1180 easily. Crude reversed off highs like clock work the move to 79 was nothing more than a squeeze and 'noise'.

15 min ES