They got over the median line in premarket which foils any more downside for the week (and the bearflag pattern I thought I saw). Any test of 392-391 area should be a long entry today.
This B wave will be choppy into next week and then we'll head towards 373 area. B waves are often choppy, confusing and in general, tricky to trade with lots of false promises.
Target the gap on SPY around 407 today or early next week. Good luck!
This B wave will be choppy into next week and then we'll head towards 373 area. B waves are often choppy, confusing and in general, tricky to trade with lots of false promises.
Target the gap on SPY around 407 today or early next week. Good luck!
Comment:
Here should hold if we're going to rally.
Comment:
completely wrong. bear flag target of 373 coming next week.
