SPY Getting ready for reversal... @ $410

2021年4月5日

We reached the 406 price target with a new target now 410.
Expect a reversal at that point and take some profits...
Shorts would probably pay as the VIX closes the gap.

2021年4月5日

注释

Plus RSI bearish divergence....

2021年4月10日

注释

Target reached.
This somewhat parabolic moved deserves a cool-off before the next leg up.

Notice that the SPY is at the channel's edge and the QQQ is at a double top. Both reached there the same day.