SPY Weekly Possible Double Top
Updated
SPY Weekly possible top at play. Possible double top needs
a confirmation which would be a lower low than the right shoulder
lowest low.
a confirmation which would be a lower low than the right shoulder
lowest low.
Note
This is looking exactly like a double GIANT TOPPING patternNote
BTC looks to be in an ABC correction since the 23' lows. USD is strong and forcing EUR JPY CAD AUD etc lower and probably lower than 23' lows. Oil is weak and gasoline has fallen hard. M2 money supply is still super weak and will likely worsen. All this suggests deflation to me.
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