SPY
Near term SPY rally to 400
0.618 Fibonacci + (ML / ML-E / ML-H) Energy Point + Divergence
Fat_Fat
Comment:
I'm already long. But, if I wasn't.... I would wait for a move above the Green-dotted line (2.0 ML Extension), and place a stop just below today's low. (10/18)
Comment:
FYI - This idea is invalidated due to the gap under the ML. It's prob going to test that lower parallel now.
Comment:
Or not?