SPY Looks to Fill Lower Gap
The gap resides at the 62% retrace of the ‘V’ shaped spike that went too far, too soon to be sustainable. Now, if this market has near-term upside (I’ve been adding SPY to keep things simple) this will have been a sustainability enhancer. On the negative side, the gap fill by definition is messing with the pattern’s symmetry to its left side. I tell you … Continue reading SPY Looks to Fill Lower Gap