SPDR S&P 500 (SPY): I disagree, if anything, in spite of thi...

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Re: Scripo post# 188900

Wednesday, 03/02/2016 5:39:52 PM

Wednesday, March 02, 2016 5:39:52 PM

I disagree, if anything, in spite of this strong surge I think I see more shake now near d50 than in Oct.

What is stronger now is the violent spike from d50 once was violated. So there are few minor differences.

Also Both Oct and Feb-mar lows can be constructed as 'W' bottoms. The Oct overshoot and if the same overshoot would happen now it would mean at least 206 before a material correction

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