arama-nuggetrouble

LOOMING MARKET CORRECTION

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
We are due for a correction come the new year. Then we could see Spy hit 400-415.

really spooky looking graph

TA:

Many rising wedges signals an imbalance between buyers and sellers.

Relative Strength Index is showing divergences on the Daily and Weekly time frames.

Corrective wave inbound

Comment:
Summer next year another correction will occur
Comment:
Purple is bullish case
Comment:
Purple would be a bubble you tell your grandkids about
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