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sublimares2
Aug 2, 2013 3:13 PM

SPY- almost at PRZ 

SPDR S&P 500 ETF TRUSTArca

Description

Descrptions on chart
Comments
OldGoat
While I agree that the market is going higher this year, my analysis suggests that there will be a pull-back into the upper 150s before heading higher. Just a different point of view -- that is what makes markets.
sublimares2
On this chart I tried to figure out a potential PRZ. We all agreed that higher levels might be seen this years. We also agreed that a pullback might take place soon. We did not argue that pullback length yet. Your analysis suggests a pullback into 150ish area before heaading higher and I agree it. I was working on SPX chart and this are levels of interes
climbing_stars
I saw this exact AB=CD and agree with it completely. Although, I still believe it will just lead to a pullback that should be bought.
sublimares2
I completely agree with you
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