Spy - an arcing perspective

176
Seems as though the S&P likes to follow these arc's... until they flatten out, and then a nice correction sets in. We may be getting close to that correction now.

I see a few occasions where these arcing consolidations broke bullish... but they seem to be outnumbered by the drops.

The optimism of good news can fade quickly in the tumultuous times... be careful chasing the bulls at these levels!!

I'd love to hear what you think of this perspective!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.