Replies to post #275923 on SPDR S&P 500 (SPY)

[NetNeutral]

Good Stuff GuRu and a great time to share this chart, thanks for D-Segway, LOL...


Ok, so everyone should know about my infatuation regarding the 9-day candle chart, it is in alignment with the OEPM thingy in that that OE period is typically 20 trading days and just TWO bars on this chart nearly covers the entire period!

In addition, it gives a rather Broad view of Past, Present, and Future(well, that's if your cape-a-bull of projection future stuffies, LOL...), with a clear view as there are NOT many bars on a, let's say, Five YearChart, Nice...

This chart CLEARLY suggest that 235 +/- is about as low as Spy will go for the four-see-a-bull future( I'll save me Roar-ing twenties thoughts for a nut-r post), and the fact that it pretty much represents the 50% retracement off the 181.06(second chart)!

In summary, this is likely to turn out to be the Greatest Buying Opportunity in Decades, or NOT...

Good trades ALL...