Replies to post #263288 on SPDR S&P 500 (SPY)

[risk on]

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