Replies to post #222386 on Option Millionaires

[ced70]

so are u saying it could go either way?

[Vish]

I m outlining two patterns ...tht have worked on two different timeframes ..
If you so choose to btd .. Give it time to work ..

[Vish]

SPY - tag - break and reclaim of 100sma done.. now the tough part..
do we trend above 5ema ? tht is the recipe of a another V shaped rally.. and lows are in ..

http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=6&dy=0&id=p74831660276

Fed Week - Dec 2013
http://stockcharts.com/h-sc/ui?s=SPY&p=D&st=2013-11-01&en=2013-12-31&id=p45917231997

October - we flip-flopped around 100sma ..
Oct 8th Yellen rally was quickly given back..

[Vish]

$SPY - no more stairs up elevator down...ROCKET !

Hopefully this post was timely on Monday


SPY & the 100 SMA - Pattern has been .. tag .. break.. reclaim within 1-3 days.. V shape rally to new highs (October Outlier)

http://stockcharts.com/h-sc/ui?s=SPY&p=D&st=2013-01-01&en=today&id=p61208320912


Tag on Monday.. Break on Tuesday.. Reclaim on Wednesday... and Rest is history ..

[uranium-pinto-beans]

dude!!!! awesome call man - spot on

[Vish]

$SPY new highs .. Well divi adjusted but whatever .. (Link back)

Pullbacks and rallies are much faster and sharper in ascent/descent ... Takes less and less number of days to go down or up 5% ..

The next decent pullback if the pattern holds has to be right before earnings season starts in January ...

All imho