$SPY in my interpretation doing an invert head and shoulder on a 3 mind chart. I do think we will have an end of day run back to 135.39 level. We did hold well the 134.80 (20ma) level today so I am looking for a relief rally, that could be starting today and maybe extend a bit into tomorrow.
I think this plan is valid unless we have a sudden drop, and slice right through 134.70 level.
I want to apologize for not giving a morning update, but I wanted to make sure you all get this last analysis.
May you all enjoy the end of your day.
