claydoctor

SPY 2nd driver peak smaller

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
3
Today we... breached the gap of March 29, powered down through the 50 day MA, and IMO we head for next stop 204, and then, if we don't bounce into another three driver pattern, to 198. If we bounce, bounce to the peak of the third peak of the drivers, but the third peak will be smaller with less volume, just as was the 2nd to the first, and then the big down turn.
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