Listen to what the market is saying
Still making higher highs
and higher lows
Unless we close below 1178 on cash this will still go down as another up week.
spy still 117 -120 for now
This can very easily overshoot 120 to about 1210 -1215 before we get a sell off.
Something interesting from the chart is we sold off from 1100, then from 1150 and the chart shows resistance at 1200-1220 next
Still making higher highs
and higher lows
Unless we close below 1178 on cash this will still go down as another up week.
spy still 117 -120 for now
This can very easily overshoot 120 to about 1210 -1215 before we get a sell off.
Something interesting from the chart is we sold off from 1100, then from 1150 and the chart shows resistance at 1200-1220 next