AMEX:SPY   SPDR S&P 500
113 2 0
Weak re-test of M.M. Will get rejected.
Thanks for posting all your analysis, much appreciated. I'm very confused after today's spike. I was bearish but now thinking we may indeed see new highs to around 2100 before the grand selloff if in fact there is a selloff just from the PA today... On the other hand... The vix/spx correlation seems off... Spx would normally be lower given the vix levels. also, correlation with USDJPY has been off lately, as of that with Oil.. All in all I'm much more confused than i was yesterday lol... Just wondering your thoughts for the end of the year and into mid January. Thanks.
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But noticing a J hook pattern on the 4hr chart & rising Stoch RSI. I believe today may be the start of the Santa Claus rally.
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