All,
I think the demand zone pops, distribution levels and levels make sense to back this. The reason I bring it up is that it makes the SPX/SPY slight more predictable in my opinion. I think we had broken the wedge at the top, coming back down for retest and the market / virus happened. Don't get me wrong saying the market would need to correct. I just don't know it would have been then. Thoughts?
I think the demand zone pops, distribution levels and levels make sense to back this. The reason I bring it up is that it makes the SPX/SPY slight more predictable in my opinion. I think we had broken the wedge at the top, coming back down for retest and the market / virus happened. Don't get me wrong saying the market would need to correct. I just don't know it would have been then. Thoughts?