SPY has gotten back into its prior trading range
after all this technical damage. I look for a retest of
the alligator jaw blue line where I would look to
re short. It is very over sold and I look for a size-able
relief rally now
after all this technical damage. I look for a retest of
the alligator jaw blue line where I would look to
re short. It is very over sold and I look for a size-able
relief rally now
Comment:
Price now at the blue jaw line With EURO QE likely we retest the highs by Christmas
carved out a new trading range
as the bulls continue to hold on.
A Christmas rally is still in the cards