SPY Getting ready for reversal... @ $410

2021년 4월 5일

We reached the 406 price target with a new target now 410.
Expect a reversal at that point and take some profits...
Shorts would probably pay as the VIX closes the gap.

2021년 4월 5일

노트

Plus RSI bearish divergence....

2021년 4월 10일

노트

Target reached.
This somewhat parabolic moved deserves a cool-off before the next leg up.

Notice that the SPY is at the channel's edge and the QQQ is at a double top. Both reached there the same day.