based around QE the next two years or so we will see a great inflation happen. there is no other way for the fed to save face without more and more QE. When spy gets roughly around the 2000 WMA is when the printers got turned on. the next down turn will likely not be nearly as low as the first but the rise after the fall will be the greatest to come in the next...
if we don't breakout soon this is my predicted outcome.
6 HOUR TRADE SET UP FOR LONG. OPEN = RED, BEGIN JANUARY SELL-OFF REGARDLESS OF WHAT MEDIA SAYS>GET CUCKED
white line is short term trend. should pop up and under then up again.
pattern completion zones.
m1>m2 this is contango --- short(VXX) or long(svxy) m1<m2 this is backwardation -----long(vxx) or short(svxy)