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S&P 500 (SPY) = Bearish Wolfe Wave Chart Pattern

|Includes: DIA, SPDR S&P 500 Trust ETF (SPY)

S&P 500 (NYSEARCA:SPY) has formed a Bearish Wolfe Wave chart pattern. Check it out!

The article also talks about the daily chart and DOW (NYSEARCA:DIA) support at 11,300.

Disclosure: I am short SPY.

Additional disclosure: I list SPY because there was no option to list the S&P 500 E-mini which symbol I am short.