SPY - Long - Fib, Trendlines, timing

29 thg 12, 2020

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)