SPDR S&P500 SPY SELL SHORT UNDER 184 FOR 164 TARGET
SELL SHORT GOING UNDER 184.
187 stop initially.
174, 171, 168, 167, 166 TARGETS
IT COULD BE A FAST DECLINE TOO. (excuse the typo in the chart, I rushed)
Pay close attention as this is a key support level we are toying with here at 184.
If we slip under 184 it could trigger stops like you haven't seen before.
I think the support levels mentioned will only stall the market for a little bit while it works its way down to the lows from last October under 166.
Tim 4:20PM EST 4/7/2014 184.34 last
187 stop initially.
174, 171, 168, 167, 166 TARGETS
IT COULD BE A FAST DECLINE TOO. (excuse the typo in the chart, I rushed)
Pay close attention as this is a key support level we are toying with here at 184.
If we slip under 184 it could trigger stops like you haven't seen before.
I think the support levels mentioned will only stall the market for a little bit while it works its way down to the lows from last October under 166.
Tim 4:20PM EST 4/7/2014 184.34 last
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