Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: JMTrader who wrote (218771)	11/15/2025 4:28:40 AM
From: GROUND ZERO™	1 Recommendation Recommended By JMTrader Read Replies (1) of 219001

So, it looks like we have two possibilities here with this market... Firstly, we have an obviously overbought market which has also formed a head and shoulder type pattern... We don't know if this pattern will break down below that neckline and develop into a more serious decline... OR, secondly, this market rejects the neckline and continues to rally and move on to new all time highs... So, I'll remain spread until it tells us what it really wants to do... It's anyone's guess right now... Spread is safe and good enough for now... GZ

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