Starting it off.
Al
RA
rat89
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Posts: 7,015
spy and spx 60 - resistance area shown on spy where traders will attempt to short, but the confirmed wave 3 will trap them. Spx shows the probably count to finish out the move. Remember what roofer taught about when price does not hit the median line (red circle) - it will go back to the upper (lower line).....and often beyond.
RA
rat89
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Posts: 7,015
thanks Al....following the short on gdx, there was a nice long on nem at the .382 back up to the median line and early am high. Not that spy and gld, which have been mostly correlated lately, are not today...
Game zone retest for gdx?
Game zone retest for gdx?



















