head and shoulders on the SPoz

a Short?
SPY.jpg
 
it is kind of there, but it is not textbook. but do a search for diamond pattern. SPY options show a bear trap being formed right now.
 
I feel it in my balls that today was a perfect way to go short some Rydex index funds.....
I did not do it 'cause I am all tied up in other things like 8 percent preferred dividend play and gold....in an all cash account....
 
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