SPY
Mod Schiff... Apply Fork Law... Rinse + Repeat.
SPY will test the lower parallel today.
FORK LAW
- Price will reach the latest Median Line.
- Price will reverse upon meeting the Median Line or gap through it. (Zoom through 24 hr markets)
- When price crosses through a Median Line, it will pull back to retest it.
- If prices reverse before reaching the latest Median Line, it will move away from the Median Line stronger and faster than the preceding move towards it.
- Price will reverse at any Median Line or extension of a prior Median Line.
Fat_Fat