New Shorts Acquired 6/19/12

• SPY into top of Expanding Triangle (Rob f Smith).  into 50 ma confirmed resistance.
• 50Ma Resistance has not yet been confirmed to the upside (still heavy resistance until close above today's highs)
• Into double pivot low resistance at 136.00
• If we get to Resistance 2 then short more.
• Time count today into heavy resistance.
• Overbought MACD

PICKED UP NEW SHORT POSITIONS!!!!

SHORT THE SPY at $136.00

AUG PUTS 135 strike @ $3.45

Target is below the 200Ma

Stop is confirmation above resistance 2

• UUP Into Major Support.
• Gap filled
• Kiss of 50Ma
• Pivot Low
• Oversold MACD

• I will Shorting SLV At these levels tomorrow I love this Short
• ascending uptrend support is now broken support it has been hit too many times and is very minor. once hit again it will bust threw. 

•  Check out the weekly SPY 

OTHER SHORTS ARE::