Rocketman

SPY: Long

Long
Rocketman Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical:
(1) Double Wave Down
(2) 38% weekly to monthly retracement confluence with double wave
(3) All trenlines are facing up
(4) moving average support
(5) Still above the 200 moving average
(6) oversold market in the stochastics, MACD and RSI
Trade active:
This is a good buying opportunity.
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