SPDR S&P 500 ETF TRUST

Just Not Interested at These Price Levels, Friday is The Day

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Intraday Charts are aligned for a continued push to $400 possibly BUT Treasury Yields are still rising and there is a lot of divergence with the Charts and Indicators. Continue to take short trades to the upside but manage your risk, honestly looking for the possible dump before going long with a bigger position size. Friday should really let us know where we stand coming into next week as many are awaiting the data from Non-Farm Payrolls and Unemployment rates. Keep in mind Friday markets will be closed so Monday we either gap up or gap down. Trade Safe!


Possible M Top Pattern as we await the breakout or breakdown.

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