jamison.gaddy

4% upside into resistance on monthly broadening wedge

AMEX:SPY   SPDR S&P 500
No need for an explanation
S&P is at the top of two year range. I am long the market (Russell 2K and S&P) since May 20, but the odds do favor a significant move back down. The rally up has been very strong and there is no topping pattern as of yet. No bear momentum. My upside target is 219.06, so your projection of 4% makes sense to me. But it could begin to fail at any time; it's the stock market.
Reply
Nice
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out