InvestorsHub Logo
Post# of 10316
Next 10
Followers 63
Posts 9850
Boards Moderated 1
Alias Born 10/02/2002

Re: None

Friday, 06/02/2023 4:38:21 PM

Friday, June 02, 2023 4:38:21 PM

Post# of 10316
My thoughts on the market:
SPY took out last August high, but SPX didn't, when this happens SPX always follows through. I'm looking for a bit of a pull back Monday and then a new high later in the week with some negative divergence and SPX to take out the August high also.
Then down for a month below 390 then up for 6 weeks to another high before the big last drop.
https://stockcharts.com/c-sc/sc?s=SPY&p=60&yr=1&mn=4&dy=0&i=p81064549921&a=350704571&r=1685737637896&r=1685737925927

if it looks right it is right

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.