cbenedetto10

Predictions for next week and beyond

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cbenedetto10 Uppdaterad   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The analysis is in the chart but I believe we either bounce at open to fill the gap, or we open gapped down to the 472-473 levels.
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The chart is tagged as short, I'm short term long, but in the longer term I'm bearish until late June-July.
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another possibility instead of gaping down to 372, we gap down to 380 and we continue to bounce in the same pattern just using 380 as support instead.
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Last comment for now, the bounces and movements may not happen EXACTLY as charted but I do believe this is the general pattern/shape that we will form.
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