Explanation of Short SPY Trade

1. NYSE TRIN Index Stochastics > SDS Stochastics (bearish divergence)
2. SDS MACD has bottomed out, is increasing while price of SDS made a new low (SPY made a new high)
3. IYT (Dow Transports ETF) Stochastics < SPY Stochastics (bearish divergence)
4. IYT MACD and SPY MACD are declining while price of SPY made a new high
5. Money Flow Index > 80