SPY

The CAC is taking it harder than the FTSE. English still sticking it to the French.

 

If you're long your game plan today should be, dump every stock you own, give bears some of your money now rather than all of it later.

 

battle ground area. If it loses the 100 dma on the weekly, it loses the war.

 

Done at 206 scalping short.

 

looks like Europe didn't get the memo about pushing for all time highs

 

No cigar. Mistake on the short scalp was assuming a 15min candle would finish printing crossing under 70 RSI. But now back to 75. And now looking at Daily RSI right at 50. A little confusing. Just been taking profits on the Brexit longs. Will wait.

 

you can tell by futures activity that it's going to be red on Tuesday it's not going to hold

 

The S&P has come off Super-70 on 15min RSI, also came off Super-70 on Hourly. "Super-70" is a personal term for over "overbought".

 

Put your tinfoil hat on and short the engorged pig that is the US stock market. Go long gold, silver, bonds, European banks.

 

By August and September $SPY begins to sink. Secure your Puts for a few months ahead.