SPDR S&P 500 ETF TRUSTUpdated Can It Really Be Happening Before Our Eyes SPY?
Trend lines and patterns simply don’t lie. There is a clear destination set forth and so far, we are right on schedule.
Dates that stand out as of now are:
February 2nd
February 19th
February 26th
April 7th
April 20th, dude
The big players would love nothing more than to show the retail investors not to play games with things they know nothing about, the ultimate bull trap.
Also, I plotted the proper correction we had in September/October to get a feel of the potential magnitude and timing of that correction. Granted is could be bigger and more sharp, or it could be another proper crash, but it is at least a suggestion of a possibility. Also, we land in the 350s by this measure and that would make a lot of sense at this point. Certainly it could be worse, but this is perhaps most realistic.
Something to note: wee stopped almost exactly 1 standard deviation away from the 400-day linear regression.
=FIB
Dates that stand out as of now are:
February 2nd
February 19th
February 26th
April 7th
April 20th, dude
The big players would love nothing more than to show the retail investors not to play games with things they know nothing about, the ultimate bull trap.
Also, I plotted the proper correction we had in September/October to get a feel of the potential magnitude and timing of that correction. Granted is could be bigger and more sharp, or it could be another proper crash, but it is at least a suggestion of a possibility. Also, we land in the 350s by this measure and that would make a lot of sense at this point. Certainly it could be worse, but this is perhaps most realistic.
Something to note: wee stopped almost exactly 1 standard deviation away from the 400-day linear regression.
=FIB
Note
i bet anything we dribble down to 368ish just before after hours is over; everyone things were going down next week and it will be just the opposite to weed out short positions...bewareNote
Please see updated futures chart for new reference
The prediction is in...
= FIB
= FIB
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.
The prediction is in...
= FIB
= FIB
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.