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KLang
Sep 26, 2014 12:21 AM

SPY 

SPDR S&P 500 ETF TRUSTArca

Description

Observation only
Comments
maccabean
I think this chart is a big signal that there has been a fundamental change to the trend.

thoughts?
KLang
Not yet. If we get to the lower bands - yes. People will talk about a left shoulder and head. First things first, though. If we turn around soon, we could very well continue the shallow pull backs dance
KLang
I mean lower bands on the WEEKLY time frame
gatorNic
Interesting thanks for the post. I think we'll tap the 100day SMA, but that's not far off
KLang
I'm thinking about the same. Momo to the downside, so may overshoot this and the AB=CD may reach 1.272
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