In last 3 decades, how many times and how much % did SPY Price move away from 20ma? I see very few times more than 20% and every time it did , it retraced.
@CJS04, its been a while i posted above pic, gap widens monthly chart looks scary day by day!. wonder what are your thoughts.
CJS04
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@Ikdollaroptions, bottom will be below 300... 280ish... When it gets there? I would give it a few months. Not sure exactly.. could be sooner but I would say February to sometime in the first half of next year. It all depends if it nose dives or bounces around till it finally snaps down. Well see. It will get there though...
poister198
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When fed decides to raise interest rate to 2%, theory would work. Else, not happenin.