bigrediska
Short

The correction is completed.

AMEX:SPY   SPDR S&P 500 ETF
224 2 5
Bearish trend is already formed.
what would make this perfect is a throwback past the channel Monday. That will get everyone confused
+2 Reply
2use QuantitativeExhaustion
2 years ago
Hahah, wanted to write just that :D ... you beat me to it! It can violate this trend indeed, but that won't mean the correction itself is over. I see it going to 195, if below - watchout ! as it is a change of a 2 year trend, if it bounces off, its a possible new leg up.
+1 Reply
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