A cypher seems to be forming price must go to around 290 to complete point c and then down to around the mid 70s then buy in. Profit 1 at around the 281 level and profit 2 at the 284 level.
I believe Netflix will continue its rise tommorow but i believe once it hits the 127.30% fib level it will begin to fall once it hits 380 I plan to buy some puts.
Spy is approaching the 127.20% fib line of last trends retracement. I believe it will use this fib level as resistance and this long term Andrew's pitchfork line as ascending support and form a wedge that will decide whether it will take us to the 290 mark or begin its next downtrend.
