charlesmccann

SPY - Long - Fib, Trendlines, timing

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AMEX:SPY   SPDR S&P 500 ETF TRUST
I think we will have a rubberband effect shooting us higher still, likely to the next Fib levels. We will then expect a strong pullback to near primary uptrend lines.
Expect possibly March timeframe -- with normal higher highs and higher lows on the way. (RSI not shown is approaching overbought levels)
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