SPDR S&P 500 ETF TRUSTPembelian
Short term bottom has held - looking for more upside strength
Update on how the scenario we laid out on the weekend is playing out.
The short term bottom we called has held.
The market pulled back to the downside filling the gap we identified @ 194.68 and now it is on it's way to filling the upside gap at 197.67.
Mid-term target is a rally to fill the gap @ 208.32 and a re-test of the symmetrical triangle.
The short term bottom we called has held.
The market pulled back to the downside filling the gap we identified @ 194.68 and now it is on it's way to filling the upside gap at 197.67.
Mid-term target is a rally to fill the gap @ 208.32 and a re-test of the symmetrical triangle.
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