SPY diagnostic. Long range curves
The July '19 collapse was detected via the divergence of the Jag from the Bold Orange curve.
the Double Blue line serving as support to the current two bounces may continue to serve as support.
the Thin Red line is the slippery curve to ' C ' That would take the jag past 'Bold Green/Dashed'. this curve does appear as support. it is hung on the January '18 rally.
It would seem, given the current anxiety and fear that the jag could decline to 'Bold Green/Dashed '
the Election is al the way over to 'B' ( pan Right ) 'A' is the region where a end of the year rally might 'top' (v).
'D' is the place where the Jag might find reach in a market stellar performance by following the space between ' Double Blue ' and ' Solid Green "
'B is the mediocre result and 'D' , much further up the scale
the Double Blue line serving as support to the current two bounces may continue to serve as support.
the Thin Red line is the slippery curve to ' C ' That would take the jag past 'Bold Green/Dashed'. this curve does appear as support. it is hung on the January '18 rally.
It would seem, given the current anxiety and fear that the jag could decline to 'Bold Green/Dashed '
the Election is al the way over to 'B' ( pan Right ) 'A' is the region where a end of the year rally might 'top' (v).
'D' is the place where the Jag might find reach in a market stellar performance by following the space between ' Double Blue ' and ' Solid Green "
'B is the mediocre result and 'D' , much further up the scale
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