$SPY: Sideways Move Today May Mean Another High Is Coming

Todays sideways move on $SPY counts well as a triangle, so I am leaning towards the “today was a 4” alternative I suggested this morning.

SPY

But if we want to insist that the high is in, we may also count the structure in this way:

SPY


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.


Leave a Reply

Your email address will not be published.