SPY prediction
*Retested 11year uptrend and got rejected (Black Line)
*We are still in the downtrend Channel and i believe we will bounce off the top of it and head to lower lows
*Fed said they will pump money into the market all of march and we are 2 trading days away from the end of march which means they will not be pumping money into the market until they say other wise
*All News recently has been negative which i believe will catch up with the market and cause more massive downturn
*Unemployment numbers will be released on April 3rd (Friday) which makes me believe that'll have a massive impact on the market if the FED isnt helping pump the market anymore after March
*Will have to see if it follows the same pattern of 2/28-3/4 (Red HL Bars)
*We are still in the downtrend Channel and i believe we will bounce off the top of it and head to lower lows
*Fed said they will pump money into the market all of march and we are 2 trading days away from the end of march which means they will not be pumping money into the market until they say other wise
*All News recently has been negative which i believe will catch up with the market and cause more massive downturn
*Unemployment numbers will be released on April 3rd (Friday) which makes me believe that'll have a massive impact on the market if the FED isnt helping pump the market anymore after March
*Will have to see if it follows the same pattern of 2/28-3/4 (Red HL Bars)
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