Dr_Roboto

S&P 500 - I call shenanigans

Dr_Roboto Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
This week's rally has all of the signs of a corrective Wave B. I also see it testing the bottom of the rising wedge just like June.

A bear has to dream, right?


Comment:
Wednesday, Feb 10 3:21pm. I am still holding out that this pattern is correct. Right now S&P was rejected off the 1.236 fib extension off the low from the other week. That is a pretty nice doji right there at what looks like a top.
Comment:
From another perspective using SPX500USD
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.