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snootmagruder

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snootmagruder

Re: snootmagruder post# 9870

Thursday, 12/23/2021 7:50:10 AM

Thursday, December 23, 2021 7:50:10 AM

Post# of 10326
SPY 1 hr: the green median line was resistance and if we were to reach it today then we will probably go above next week. If we stay below as I have the red fork positioned then a good chance for continued down nest week. If I read the pattern correctly we need to reach or exceed the yellow reversed fork median line which we did not so I believe the down move to complete B is unfinished
http://stockcharts.com/c-sc/sc?s=SPY&p=60&st=2020-01-01&en=2021-12-31&i=p60538504344&a=350704571&r=1640263386678&r=1640263549646

if it looks right it is right

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