astroobserver

SPY The correction space

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
this is evolving.

I find this self explanatory

Roles based market curvature

Conics

The market extrema , bridged by parabolas, can and does describe market potential. The 375 level would be a minor correction. 342 is in line with previous major corrections. That is how and why conics and market curvature is predictive.

G1 is the market top most potential, This jagged line is sputtering, giving the signal for top and correction. yet the SPY is a perma-buls punch bowl. more easy money? it would not go bellow 385 if it was to be , bank up its Ars, propped up.

D1 is the market center of gravity. Clearly the Pro blue, post selection rally is artificial and way over the center of gravity. small red B held the previous stumble. that is why 375 is labelled in the intersection with thin green. THIN GREEN is rooted Feb 2,3. that also is the key signal in the Silver price. take it from here. study the map.

R1 is the coherent bottom; of a major correction.342 346, depending on the day it bounces. which I am beginning to feel is upon us.

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