astroobserver

SPY the saga.

astroobserver Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
There are new curves on derived from the Jag. Solid Orange a and Solid Orange b . Thin Black is derived in the same fashion as Solid Orange a with its corresponding low and high points to its rally. The Jag may see its bounce of lower Solid Red, that i turn would cast some doubt on Solid Orange b . Dashed Black is still current and the Jag is performing better than expected, weighed from Dashed Black. The current Price is also supported by thin green parabolas, these are very long parabolas that describe multi year trends. How ever these thin green lines are of are anchored differently than the new Orange curves; which have been cast very simply extending the quadratic function that passing through three extrema of the jag ascent or descant of value. . Note that the current low for the Ralley continues to be Oct 28. Thin Black is seen to be a local parabola .
Comment:
It followed the parabolas. gosh.

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