OshinFX
Long

A bounce off of the 127% extension points to a 161.8% test.

AMEX:SPY   SPDR S&P 500
We bounced off of the 127 and the trend line with a vengeance, clear path to the 161.8% extension, I'll be buying until this channel is broken.
Just looked at this again. Could be a road map...
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