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frodo75

SPY heading to 291-295 this week

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
frodo75 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Wave Analysis Technical Indicators
9
6
trendanalysis waveanalysis indicator
  • A gap in that area.
  • Bunch of FIB 618 retracements in that area
  • Should close EW corrective wave

Monday will be down to sideways due to issues with oil cuts. Towards the end of the week, the rumor about more cuts will drive markets up. By the end of this week, we should see SPY at 293 or thereabouts.
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