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Pro SPY Traders Agree with VXX Traders





Today's high finally hit the upper channel line on the SPY and should close with an overextended shooting star candle that just kissed the line and pulled back.  This is likely why the iron Grip Tractor Program seems to be losing its grip on the retail indices.  The pros on Wall Street will be fighting to maintain the downtrend line on their chart, the SPY.


Trade well my friends

Alan


This post first appeared on The Stock Market Viewpoint, please read the originial post: here

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Pro SPY Traders Agree with VXX Traders

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