Cousin_Fat_Fat

SPY Scenarios - Red Pill / Blue Pill

AMEX:SPY   SPDR S&P 500 ETF TRUST
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.
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