Finding the bottom: SPY
I am currently calling SPY to bottom out in a few weeks around 355.
Looking at the futures I am seeing us moving in a nice channel and it looks like we may fall through it.
If we do we would end up going to around 350-355.
This location lines up really nicely from our first correction down in September, I think it would make for a beautiful bottom. I would really love to see it.
This is all opinion.
Lets see what plays out.
Looking at the futures I am seeing us moving in a nice channel and it looks like we may fall through it.
If we do we would end up going to around 350-355.
This location lines up really nicely from our first correction down in September, I think it would make for a beautiful bottom. I would really love to see it.
This is all opinion.
Lets see what plays out.
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