February 19, 2020 admin

SPY – Will the cycle repeat ?

Hello traders,

SPY, the S&P500 ETF has started another leg up, in previous legs it had a run for 6 weeks until a major correction.

If this patter will continue this time, the market will continue to run for another 4 weeks until the middle of March 2020.

After forming a classic uptrend consisting of higher highs and higher lows , the uptrend is CONFIRMED and our long equities portfolio is now long the S&P500.

Trade Smartly,

$SPY - Will the cycle repeat ? , AlphaOverBeta Market Outlook by Alon_AOB on TradingView.com


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