WDERUVE

SPY bouncing

WDERUVE Diupdate   
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY tacking up and down off this wedge. At the bottom support level now. If we break below keep an eye on 280 support then 277 support. I dont see us breaking 277 with the way things are going right now. 293 seems to be a potential resistance level.

Rising bottom Elliot Triangle Wave could be playing out here with the result being a pump to 300

ANYONE INTO SINE LINES?? havent really seen much with them, threw it in here to see if anything lines up.. Just a thought.
Komentar:

Look for a bounce from here. hugely oversold.
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