A Few Possible Paths for SPY in the Next Few Months
1. Green path: almost straight to another all time high and then drop.
2. Blue path: after a decent drop then back to all time high and then drop.
3. Red path: market has already seen the top. Mostly sideways and down from here.
2. Blue path: after a decent drop then back to all time high and then drop.
3. Red path: market has already seen the top. Mostly sideways and down from here.
Comment:
The blue line worked like a clock so far. Let's see if the market drops to 265 area as predicted...