Looking at SPY, the only thing holding it up is the 20DMA. Once it breaks through, I'm expecting massing panic.
Stochastic and MACD have already signaled a bullish trend. I'm just patiently waiting for the calls I sold to go worthless.
I don't think it will be long.
Stochastic and MACD have already signaled a bullish trend. I'm just patiently waiting for the calls I sold to go worthless.
I don't think it will be long.