SPDR S&P 500 (SPY): As Purdy as that looks ( H/S) , todays c...

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Re: ArchiH post# 263288

Wednesday, 05/23/2018 6:00:57 PM

Wednesday, May 23, 2018 6:00:57 PM

As Purdy as that looks ( H/S) , todays candle on Qs was an even more impressive Bull engulf that took out several previous days action . That said, oscillators on all the big 3 indices are hot , and spy especially has had the issue of overheating before it can sustain a move up. Is this time different ? We shall see

Btw, HH pattern still very much in effect

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