Long SPY if channel bottom holds

12 дек. 2015 г.

Despite the huge drop last week, SPY looks poised for a bounce, barring any Fed shenanigans. While there is considerable downside if the current white channel support doesn't hold, I expect a bounce up to fill the gap from Friday, and potentially up to the white downtrend channel median in the beginning of the upcoming week.

14 дек. 2015 г.

Заметка

The downtrend channel bottom didn't hold, but as of now the uptrend channel has. Not in this either way because I don't see enough upside/downside until one of the levels breaks again. Will wait it out till then

15 дек. 2015 г.

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