spy 3-30 update ~

spy is close to a significant top too, like its friend aapl.

i'm looking at around 4700~4720 before we see that pivot to the downside.

the final move could take the form of a parabola, and could overshoot my target by a bit, so this is something i'm expecting.

any overly exaggerated move to the upside in the days ahead, i will short with confidence.

downside target on es sits roughly at 3970, which is a 12 year level that i've talked about in the past.

once this level is reached, i expect a move up to around 6000 in the year(s) ahead.

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ความคิดเห็น:

after this mini correction completes, i think we get one more rally to 4720+ before it drops for real.