SPYvsGME

August Prediction

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AMEX:SPY   SPDR S&P 500 ETF TRUST
July is now behind us, I shift my focus to August levels.

Short Squeeze I pointed out in last months ideas played out nearly exactly as I predicted.

We're now sitting above the Upper BB with not a lot of room to test the upper 2022 trend channel and the forever infamous 420.69.

I swear some deep pocket whale like Elon has his algos pinned to 420.69

Weekly distributions still remain leptokurtic in 2022.

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