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Replies to #9962 on S WAVE CHARTS

snootmagruder

06/14/22 5:37 AM

#9963 RE: snootmagruder #9962

SPY chart, price ended at the big red fork ML and pink multi point diagonal TL and we're not done yet. The narrow channel down this week is quite steep and maybe gets a bit wider today with some pause and slight pullback. As with the 2018 and 2020 drops which coincided with triple witching, the down should complete this week or Monday maybe as 2018 did. The bottom target looks like it could go lower and reach RCKS target of 3400
http://stockcharts.com/c-sc/sc?s=SPY&p=60&st=2021-11-01&en=2022-06-30&i=p74664119451&a=350704571&r=1655198310531&r=1655198720302&r=1655198895062