broughro
Short

Is a top finally in?

AMEX:SPY   SPDR S&P 500
59 0 0
SPY             has now fallen below the previous uptrend channel after completing a minor wave 5, and potentially the grand cycle 5. If this fall continues past 198, the previous 4 up, there is a very good chance that this is finally the end of this 2 year topping process....

If there is a rally back above 217 then the short will be closed and instead go long for what would be a minor wave 3 upward with some quick profit potential. However, OBV and the current short term wave structure seem to be saying that the new trend is down so the short play appears to be the higher odds...
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden