Bucket 2: Potential Long-Side in SPY

Little technical here folks, but look at the S&P 500 futures chart below.  Note last Friday we retraced and held 50% of the move from Nov1 up to Nov 3.  We also have an unfilled gap up above from last week and the 23.6% Fibhonacci extension gets us right up there.  A long-side try via the SPY for Bucket 2 may work well.  Not yet, but soon,…would think later today

Watch More:

Leave a Reply

Your email address will not be published.