SP500 target hit which means we should expect the next one also Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Mar 8, 2019 5:37 PM

Chart paints the picture but see my previous post of this here and click the blue play button on the chart:

Comments

vergun

⋅ Mar 8, 2019 5:46 PM

Great analysis. May I ask, what is the reason to have the "buy box" from $267 to $269 as opposed to the Oct-Nov lows range $263 - $266?

TheTechnicalTraders

⋅ Mar 13, 2019 5:09 PM

@vergun, market pop could stop us out, but today/tomorrow are going to be critical for a reversal back down.

vergun

⋅ Mar 13, 2019 5:13 PM

@TheTechnicalTraders, I'm still holding short.