SamSuka
The Long Investor
The Long Investor

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$SPY TOP 20

Same commentary as last weeks $SPY chart, there is still a lot more to go here for $SPY to reach our Wave 3 target at the 1.618 Fib at $470....so I am lead to believe that any selling from the Mega Caps will just transfer capital to the large cap stocks and the money will still stay in the market.

So mid to large stocks may benefit greatly over the next while....as we can see on a number of our regular charts that they are primed to move up Wave 3 now.

I believe the overall bullish trend will continue and any significant dips between now and the end of the year will be a great opportunity to add.

We will make our plan for what will happen at the EOY.

$SPY TOP 20

Comments

I will upload a SPY chart this weekend

Gareth Neary

Hello. From today closing market do you think we will gap down more on Monday? Thank you

Yoko Yu YYKK #4204


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