SPDR S&P 500 ETF TRUST
Panjang

SPY/QQQ Plan Your Trade For 7-17 - SPY Looking For Support

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Please watch this video as we see the markets move into a Counter-trend Major CRUSH tomorrow.

We may see a very large reversion in price (upward) tomorrow. I'm looking for price to reject recent lows and move higher. Then, I'm expecting price to reject recent highs (from 7-16) and move downward tomorrow.

After that big rotation, I believe the price will move into a downward consolidation phase, attempting to build a FLAG before starting a big upward move near July 22~24.

Please know the strong potential for huge price swings over 24 to 48 hours. Then, we move into a more consolidated/contracted price channel (FLAGGING).

I'll post more later. Watch for price to build support and attempt to move higher into the close.

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