Be prepared to hold on to your wallet…
In order for the Evening star to be confirmed totally bearish, price needs to take out the low of today and never look back.
Currently, $SPY is making a valiant attempt to bounce back. Will it hold?
Which way will it go tomorrow?
Stay tune.
Meanwhile I’ve raised my cash level to 61%.
Be safe.
My 2 cents.
If you enjoy the content at iBankCoin, please follow us on Twitter