And an Alternative for $SPY

There is a great deal of uncertainty here, but if $SPY fails to move deeply lower, we may also count it like this.

SPY

Perhaps in support of this view is the $VIX, which is approaching one of its fan lines. It may pause there if it can actually get there.

VIX


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3 thoughts on “And an Alternative for $SPY”

  1. A diagonal from the October lows hasn’t been invalidated yet. We could see a rally to around 4800. That would trick all the bears I see right now and trap a new set of bulls. Thoughts?

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