Oppollo

is the correction over?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
there has been much talk about how the correction is over and i am not so sure that is a fact.

we are within a seasonal window where we might again start to see a move down. my original thinking is a bottom in July and so far, i haven't seen anything to change that. i was expecting a stronger move up the last month but the weakness makes me think the market is sicker than i expected.

watch the angles. a break above means we move higher. a rejection means we go lower.

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.