SPDR S&P 500 ETF TRUST
Long
Updated

SPY 400

704
SPY

Near term SPY rally to 400

0.618 Fibonacci + (ML / ML-E / ML-H) Energy Point + Divergence


Fat_Fat
Note
I'm already long. But, if I wasn't.... I would wait for a move above the Green-dotted line (2.0 ML Extension), and place a stop just below today's low. (10/18)
Note
FYI - This idea is invalidated due to the gap under the ML. It's prob going to test that lower parallel now.
Note
Or not?

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