The SPY will be going down shortly …
A triangle is forming indicating a move upward or downward shortly. The move can take place within 2/3 or the triangle to the tip.
Due to the weekly indicators crossing last week, indicating a downward movement, I suspect a downward movement. But I am not ruling out an upward movement.
The move should take place between now and within the next month.
This move down will be a relatively brief move down before the market continues up until the US election at the end of the year.
Happy trading!
Due to the weekly indicators crossing last week, indicating a downward movement, I suspect a downward movement. But I am not ruling out an upward movement.
The move should take place between now and within the next month.
This move down will be a relatively brief move down before the market continues up until the US election at the end of the year.
Happy trading!
Penafian
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