Overall long trend with recording all-time high it's next target is $518
description in chart
still short but buy area shown in chart
Need to breakthrough over $170 to continue the march for 180 and then over 190. However, if it doesn't we may see a drop. Financially BABA looking good so I wouldn't think we will see it under 140 again unless some major news happen.
Overall I think SPY is long, however a descending wave need to start thus to continue it's ascending path crossing the past history high.
history pattern analysis for Southern cement showing the next step if the price breaks over the trend line.
we will see if AAPL will follow this wave analysis, if so join in the wave and wait for point 4 and 5.
It seems SPY is moving in the descending channel. Need to escape upwards to to start a bull wave.
wait for the reentry area, sell if under red dotted line.
Still long wave not broken>
just wait for the re entry area to start the long wave, if breaks stop loss.
lookout for the next target, the range of the long flag may reach 195 up tp 200.