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Connecting the Dots on Recent SPY Action

On August 6th, we talked about the first signal to take caution when the SPY broke below $170.35 after putting in a new high. For those trading on an intermediate time frame, this was the first spot to make some adjustments. (click to enlarge) The market then got some downside follow-through to retest the upper [...] View the full post at: Connecting the Dots on Recent SPY Action Related posts: Is Recent Price Action a Turning Point for Markets? The Greenback Goes ‘Sayonara’ IMF Calls for Coordinated Action in Solving the Current Crisis
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