SPDR S&P 500 (SPY)

[loanwolf]

good to hear from ya risk, you may have a typo ther of April 17th ? as itis April 19th now so that would mean it has already fully capitulated. Then again I'm a little rusty and prolly misunderstand you.

I'd say SPY since I can remember enjoys it's extended periods in OB while barely visits OS

Weekly chart has conflicting studies, I use 13 as a BB structure so we are right there now on the weekly.
Full stokes approaching OS while CCI and Williams studies are still hovering near OB levels and chugging along> All on the weekly chart.

I'm just playing the overall trend, which is up and in a relatively sideways to slightly downward consolidation period.

15 min chart is my point of refeernce for a one to two day swing back towards 235 top of 6 day channel. I dont have the patience or fortitude to deal with any long term paths that may or may not occur.

Sounds like you got a plan and are positioning accordingly. Always good to hear from ya, cheers
SPY Weekly Chart below for reference to the aforementioned