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Non-Tech : Kirk's Market Thoughts
COHR 159.64+18.6%2:03 PM EST

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To: Kirk © who wrote (7311)7/16/2019 12:01:16 PM
From: Fintas  Read Replies (1) of 26429
 
I tend to see what the %'s are over time and while 300 SPY has been taken with force as you note. For the period of near 18 months the performance hasn't been that great. 286 to the 302 = %?

I'm on record I'm expecting that the SPX 2916 to be tagged once this upside is done and that would suggest a 291 ish for the SPY which would suggest that 200 MA at 292 is going to be broken. If that happens the downside to 275 ON an aside 2916 is a string I used to see the UP. It's in control until 3402 is tagged or SPY would be 340. ONE DAY.. BUT in my view not any time soon.

In any case thanks for drawing the chart.

On an aside for all that dislike DJT they sure keep buying. I guess up 40+ % since election eve 2016 and $$$$$$$ rule. Smile

Fintas
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