White channel just broke. Red line next major support for substantial accumulation. A rapid recovery of white channel offers a chance at a green line retest. If green line breaks, we will see $100+. Engine lights flashing.
Accumulation and short zones. Looking for a break above moving averages and trend line. Original idea from jburf.
Breakout will accelerate and make this puny wedge look like a footnote on the bullrun.
November reset to 50d launches the run that is hard programmed into the system.
I believe SPY will trend lower until it reaches resistance in my accumulation zones. Look for a lower path to 460.