WAY OVER BOUGHT SPY.. GET READY FOR REALITY CHECK
Linear regression analysis clearly shows upper-band touching for SPY. This look eerily familiar to 2017-2018 transition opening yr.
I anticipate a 283 regresssion and potentially a 273 level if, geopolitics become skewed, ie. IRAN and other conflicts.. no to mention China, not signing on the "truce" not a true phase 1 deal.
cheers
I anticipate a 283 regresssion and potentially a 273 level if, geopolitics become skewed, ie. IRAN and other conflicts.. no to mention China, not signing on the "truce" not a true phase 1 deal.
cheers
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