SPDR S&P 500 (SPY)

[USDollar]

I'm back to the workshop

2 things:
I looked at the cubes to evaluate the outlook forward using my own max. This is a proxy since I don't have spy DD. Also it's a fast read on a system that was not maintained for I don't even remember when, so it's not likely that 100%. But it showed me a miss of about 0.5% of upward potential. This also "so happens" to coincide with its own d50.

Meanwhile our spy already went through that BS near d50 then tag.
So if I were to evaluate expectations , based on that proxy I say this is a dip before final tag of resistance which could be tomorrow or split over say 2 days.

But , and here's the second thing, looking now with no pressure and calls (voices) over me, I think I see spy already tagged the resistance. So I'm a bit confused because of that, but just like in spy case where I stated that d50 must be tagged for real not from distance, same rule applies to the proxy, so I donno, I think both will have a 2nd try at d50 and we'll see after that.

This 2nd point was in regard to my other post of today where I said wait for 194.5ish to sell calls and go (low) risk puts.