AMEX:SPY   SPDR S&P 500 ETF TRUST
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I still believe something's happening, so let's plan ahead.. :)

  • The upper orange circle: If the market decides to continue its sideways move which apparently it's in love with for the last few months, then I'd expect it to make a final decision in September this year. Eventually it's gotta move.
  • If the market decides to come down, then my first buying location would be where the red words are.
  • The lower orange circle: A even better buying location.

If the market breaks bullish, wait for a pullback. The upper orange circle would then be a great location to be buying the bounce.
Penafian

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