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astroobserver

SPY found resistance , On track

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
astroobserver Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
The curves say it clearly . The JAG is on Dashed Blue . It found its resistance. Tomorrow is Another Day .

Still Climbinmg

Comment:
Seven Days out and still predictive. Moving on Dashed Blue Notice the local recent high. . . it tops at Concave Solid Red . The next hurdle is that Thin Black which has already provided support for market bottoms 29th Oct '18 and 23 Nov '18. It became resistance 18 Jan '19.

Can a Narrow channel between Dashed Blue and Solid red duct the Jag up and above Thin Black? I don't know. Its Trial time: Both , for the market DJI and for the Parabolic Support analytical method.
Comment:
Still Predictive. . . The Jag crossed Solid red and Solid Black. . . Very nice.
Comment:
saw the down turn

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