BradMatheny

New SPY Cycle Patterns Headed Into Christmas 2022

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Pay attention to the very real possibility that the current GAP will be filled early this week as price attempts to find a base/bottom after last week's selling.

I expect moderate volatility and a change of trend as we move closer to Christmas. Initially, we'll see some moderate downward price pressure, then we'll see a shift upward near the end of this week.

12/18/2022 Inside-Breakaway
12/19/2022 POP
12/20/2022
12/21/2022 Top/Resistance
12/22/2022 Flat-Down
12/23/2022 MntmRally-012
12/24/2022 GapUp-Lower

Remember, stay protected and stay safe as volatility may be excessive over the next few weeks. 2023 looks very interesting. Follow my research to learn more.

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