Hello traders,
SPY Had just completed a 1-2-3 pattern confirming the 265 as the short term top.
Our technical analysis models predict a downtern next week re-testing the 220 lows.
There is mote than 50% that the low of the 220 will break marking the 200 as the next level to watch.
Breaking the 220 level will trigger a strong short trigger for SPY and other weak stocks on AlphaOverBeta short watchlist available for our subscribers.
Trade Smartly,
Alon
