It seems now a time to short on SPY ETF of SPDR500, 1M chart. Will it jump up and break that upper line of the tunnel? Or is that big correction is coming to the market?
Why sometimes it looks as clear as a plastic bag but feels as hard as a solid rock?
I agree that it looks like it should correct (clear plastic bag). However, we are in a bubble full of irrational exuberance (solid rock). I am 50/50 if it has already started its correction or if we are just getting warmed up for a rocket ride to 4000+ by March.
poister198
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Its time to buy! Last friday weak decline was a confirmation of a bullish week ahead. Worst of corrections are over, as made clear by most renowned analysts.