SPY - Long - Fib, Trendlines, timing
I think we will have a rubberband effect shooting us higher still, likely to the next Fib levels. We will then expect a strong pullback to near primary uptrend lines.
Expect possibly March timeframe -- with normal higher highs and higher lows on the way. (RSI not shown is approaching overbought levels)
Expect possibly March timeframe -- with normal higher highs and higher lows on the way. (RSI not shown is approaching overbought levels)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.