WallStScalper
Long

SP staying alive until banksters back in town

BATS:SPY   SPDR S&P 500 ETF
380 2 1
If this is to become reality. SP             soon needs to prove itself and make a bounce for the 1670/1675 area. Line in the sand..mid 1590

Nothing can though - at the moment - be ruled out. Remember triple witch is 1 week away so a huge bounce for 1670 on SP             would be a move nobody expects. Bears would be taken with full G-string armor on.

Two songs come to my mind:
Thin Lizzy The boys are back in town: https://www.youtube.com/watch?v=quyB8PMTD3o
Bee Gees Staying alive: https://www.youtube.com/watch?v=SKdVq_vNAAI

Safe trading

BM
So if B only reaches let's say 166/67, would your view change?

Perhaps a descending flag?
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WallStScalper PRO QuantitativeExhaustion
3 years ago
Yes it would. But I see all the moves as being in 3 waves within the pannant
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