Here's a double top scenario slight run to 680. forecasted CMF, MACD, and price action. fits within retracement and time for your Fibonacci nerd.
~$630 11/20/25
~$680 12/30/25
1. Santa rally
2. Gov Shutdown over probably at the 11/20 mark
3. Taco Rally on 11/20 as well
~$650 1/7/25
~$675 2/25/26
~$620 4/16/26
~$600 7/6/26
~$630 7/30/26
~$600 8/21/26
~$550 10/16/26
Just an alternative theory to my blow off top idea.
SPX
SPY
~$630 11/20/25
~$680 12/30/25
1. Santa rally
2. Gov Shutdown over probably at the 11/20 mark
3. Taco Rally on 11/20 as well
~$650 1/7/25
~$675 2/25/26
~$620 4/16/26
~$600 7/6/26
~$630 7/30/26
~$600 8/21/26
~$550 10/16/26
Just an alternative theory to my blow off top idea.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.