Week after week we see more jobless, but the markets dont care..
I am seeing a potential pattern forming here. Impulse waves followed by double bottom corrections then another big pump.
Thinking Spy will curl back to to the 272 area before the weekend (forming the double bottom) and then gap up for gains next week. Could be eyeing 300+ in the next couple of weeks.
At this point what ever you think the market "should do" do the opposite..
I am seeing a potential pattern forming here. Impulse waves followed by double bottom corrections then another big pump.
Thinking Spy will curl back to to the 272 area before the weekend (forming the double bottom) and then gap up for gains next week. Could be eyeing 300+ in the next couple of weeks.
At this point what ever you think the market "should do" do the opposite..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.