Toad Capital is seeing a market flush into the 307 area on SPY before the end of the year 2022
Toad Capital is seeing a market flush incoming with SPY finding bottom around the 300 level at the end of December.
Based on Toad Capital's indicator leveraging trend data from the VIX, dollar index and treasury bonds, we are bullish for at least a short term bounce going into Monday October 18. To the downside, 348 provides a strong Fibonacci retracement support level.