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Dr_Roboto

S&P 500 - I call shenanigans

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Wave Analysis SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) IVV DJI NASDAQ 100 CFD
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trendanalysis chartpattern waveanalysis spx spy ivv dji ndx
This week's rally has all of the signs of a corrective Wave B. I also see it testing the bottom of the rising wedge just like June.

A bear has to dream, right?

snapshot

snapshot
Komen:
Wednesday, Feb 10 3:21pm. I am still holding out that this pattern is correct. Right now S&P was rejected off the 1.236 fib extension off the low from the other week. That is a pretty nice doji right there at what looks like a top.
snapshot
Komen:
From another perspective using SPX500USD
snapshot

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