SPY
Spy Bull / Bear Scenarios
Red Pill = SPY continues dropping to the lower bound of the green fork. (Approximately the 345-350 level)
Blue Pill = SPY reverses higher to the median line of the white fork, with the potential to rally to the upper bounds of the white and/or green fork.
Lightning Bolt = Potential relief rally peak?
Let me know which scenario you think is more likely in the comments.
Spy Bull / Bear Scenarios
Red Pill = SPY continues dropping to the lower bound of the green fork. (Approximately the 345-350 level)
Blue Pill = SPY reverses higher to the median line of the white fork, with the potential to rally to the upper bounds of the white and/or green fork.
Lightning Bolt = Potential relief rally peak?
Let me know which scenario you think is more likely in the comments.