Into the Gap Zone - Possible Outside Month?

Hit our target zone today as spy continued to drop. Nice bounce from here but not much follow through. We have retraced back through 50% of last month's candle. This usually means we can print an outside month. This Puts SPY target at $448.92.
Beyond Technical AnalysisoutsidebarSPDR S&P 500 ETF (SPY) spyshortTrend Analysis

Related publications

Disclaimer