This is what I'm seeing when looking at the Daily Chart of 
SPY
I'll leave it up to the experts and professionals regarding price predictions... I just like to follow the price action. As you can see, since 9/9SPY has been stuck teeter tottering between the close of 9/9 and the ATH of 10/29... I believe SPY started its' BEAR CYCLE on 10/29 and has slowly played with both Bulls and Bears emotions. Let's see if the "Santa Rally" is real and $SPY can breakthrough to ATHs or if my eyes are truly seeing a Bear Channel.
Again, no professional here... DO NOT TAKE FINANCIAL ADVISE from me or anyone else for that matter! Do Your Own Research and make Your Choices based off your conviction!
Good luck to all of you Bulls and Bears!!!
https://www.tradingview.com/x/iFGmJLAe/
SPYI'll leave it up to the experts and professionals regarding price predictions... I just like to follow the price action. As you can see, since 9/9
SPY has been stuck teeter tottering between the close of 9/9 and the ATH of 10/29... I believe SPY started its' BEAR CYCLE on 10/29 and has slowly played with both Bulls and Bears emotions. Let's see if the "Santa Rally" is real and $SPY can breakthrough to ATHs or if my eyes are truly seeing a Bear Channel.Again, no professional here... DO NOT TAKE FINANCIAL ADVISE from me or anyone else for that matter! Do Your Own Research and make Your Choices based off your conviction!
Good luck to all of you Bulls and Bears!!!
https://www.tradingview.com/x/iFGmJLAe/
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.