SPY prediction for Monday 11 May - down and up
First time trying this prediction method. Using median line you find yearly, monthly, weekly, daily and even intraday trends, these often interact where the lines intersect. I normally use the intraday pitchforks for day trading but usually discard them. It obviously occurred to me not to discard them since one days move often sets up the next days. This is the experiment. It isn't a bearish chart since the previous weeks dip has created a large cup and Friday created the handle top. We just need a dip to set up a jump to ATH for buy back season
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