I am very short on time at the moment and will try to post more later, but, bottom line, I think the market is in for a bigger move down but it will move up into options expiry next Friday. SPY may even get up to $129 - $130.
I just wanted to point out that, even though I am not leaving a commentary today, I update my charts throughout the day.
Right now I have been focusing on the SPY 10 minute and the XLF 10 minute. I hope to draw in what might be a potential harmonic pattern on the SPY 30 minute.
I currently reside in Texas and have been trading since December 24th, 2007. I am particularly interested in trend trading, Fibonacci trading, and harmonic chart patterns like AB=CD, Gartley, etc.
I am learning technical analysis continually and will probably always continue to do so.
You can view my public chart list here:
StockCharts
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I just wanted to point out that, even though I am not leaving a commentary today, I update my charts throughout the day.
Right now I have been focusing on the SPY 10 minute and the XLF 10 minute. I hope to draw in what might be a potential harmonic pattern on the SPY 30 minute.
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