Spying on that change of direction - SPY

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They got over the median line in premarket which foils any more downside for the week (and the bearflag pattern I thought I saw). Any test of 392-391 area should be a long entry today.

This B wave will be choppy into next week and then we'll head towards 373 area. B waves are often choppy, confusing and in general, tricky to trade with lots of false promises.

Target the gap on SPY around 407 today or early next week. Good luck!

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ملاحظة

Here should hold if we're going to rally.

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ملاحظة

completely wrong. bear flag target of 373 coming next week.