meitshel

Spy possible scenario

meitshel Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
No investment advice!

I do this only for practicing.

All Info on the Chart.

Have a look on the RSI and those bearish divergences.

First i see a continouing bull run to 425 area before we are starting a bigger correction.
Comment:
Btw, call me crazy or stupid - i really think any unexpected news, events are going to happen soon which are cause the drop i have shown on my idea
Comment:
so fare so good, timing wasnt that bad, but tbh i guess my "drop scenario" might be too low.

lets see
Comment:
wow i would say nailed it!
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