TradersForecast

SPY bullish

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY reached the lower pitchfork line (set to Fibonacci level 1.5) a few bars ago and it's likely to bunce back up.
Comment:
Next business day (Monday March 14) SPY went down to the red line (low right below the line and closed right above the line) after which (yesterday and today) it bounced up as I expected.

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