DHLawrence

i SPY Danger!

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Wow! Big moves int he SP500 today!

The SPY could find support and bounce up right now... but my gut says the complacency and trust int he market is all time high right now... and the surprise is due... one harmonic pattern behind schedule at the top here... with a pointy reversal peak.

Follow me for more, and also see my previous post ont he ES1... thats where i do most of my work... just wanted to share this warning scenario a little wider though.

Good Luck!

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