I'm posting the rest of the readings I did for each week this month on SPY. This week I'm expecting a drop into Wed. I get all my info from dowsing, btw.
I noticed all last week it kept suggesting to sell rallies, which makes me thing we're going to pull back. The weekly (done at the beginning of the month) did suggest over 5% down this week. But my dowsing now says to watch for a bounce Wed. with a look below & fail. Move up to some extent Wed. & reverse down Thursday (implies gap up or some up). Then Friday up. Short term watching the $575 area for the bounce or resumption of trend.
Next week's reading of down more is a bit of a head scratcher, so that's why I think things could just be really volatile.
Low on QQQ I'm looking for is 498.
I noticed all last week it kept suggesting to sell rallies, which makes me thing we're going to pull back. The weekly (done at the beginning of the month) did suggest over 5% down this week. But my dowsing now says to watch for a bounce Wed. with a look below & fail. Move up to some extent Wed. & reverse down Thursday (implies gap up or some up). Then Friday up. Short term watching the $575 area for the bounce or resumption of trend.
Next week's reading of down more is a bit of a head scratcher, so that's why I think things could just be really volatile.
Low on QQQ I'm looking for is 498.
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