SPY doing what I want it to, so far.

So, I said SPY would touch the blue line sometime Monday or Tuesday and it did (Tue). It represents the top of the other spikes we've had the last month. Because the economy is still at a stand-still I cannot buy into the idea that we were headed into a bullish wave this week. We'll most likely continue a steady decline, but we'll see.
Trend Analysis

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