Replies to post #104529 on SPDR S&P 500 (SPY)

[youaretheone]

so far, 12:12 edt, futures agree with you...

[Neutral Man]

S&P500 CLOSES at 1102.83 which is right at the YTD Pivot, 1102.47, BUT, without confirmation today, an UP day, it will more than likely be a ST TOP and we'll be on our way to the S4(992.22), sooner rather then later!?

4cast-r says... DOWN today!?

Date Open High Low Close
28-May 1102.59 1102.59 1084.78 1089.41
1-Jun 1087.30 1094.77 1069.89 1070.71
2-Jun 1073.01 1098.56 1072.03 1098.38
3-Jun 1098.82 1105.67 1091.81 1102.83
4cast
4-Jun 1095.67 1095.67 1049.55 1052.70


1212.72 10.00% R4
1185.16 7.50% R3
1157.59 5.00% R2
1130.03 2.50% R1

1102.47 0.00% OE Pivot (NOW Serious resistance)

1074.91 -2.50% S1
1047.35 -5.00% S2
1019.78 -7.50% S3
992.22 -10.00% S4 (Our FINAL Discount Wave Target)