We Continue to Have a Good Setup for a Move to the Upside on $SPY

After looking for minute (blue) 2 today, we may very well have gotten just that, and then had an initial 1-2 off today’s lows (subminuette [red] degree). We will want to see a strong rally early next week to help to confirm this view.

SPY


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of 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. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.


One thought on “We Continue to Have a Good Setup for a Move to the Upside on $SPY”

Leave a Reply

Your email address will not be published. Required fields are marked *