Yes overbought indicators at current level. needs healthy pullback so retails can get in or continue overbought with limited passengers in the boat then dump. all scenarios are possible. golden fibonatchi at 490 from march bottom. the idea is bull long with stop loss at 452-448.
closed at 460 so +/- 30 $ within 2 months ..
closed at 460 so +/- 30 $ within 2 months ..
Comment:
Trade closed: target reached:
SPY
My target reached and above - closed at 494 - the most interesting is the timing -- almost exact date to achieve target - amazing
SPY 1ST TARGET HIT