Replies to post #187437 on SPDR S&P 500 (SPY)

[risk on]

Your thoughts are the same as many , granted im only using you as an example for point purposes ;-), so here goes:

him , her , all seem to " know " spy is going to 200+ , and I would wager a good deal of this assumption is based on OCT , and when assumptions are weighted this far outside the margins of overlooking oscillators , thats when things suddenly shift. So, IMO , I think spy could suddenly shift to cycle down , really at any point now, for no apparent reason.

The group may be correct, but when the pendulum shifts this heavily ( zig) it may be time for ZAG