S&P 500 – pullback coming??? After the 1929 down move, the markets rallied back to the 61.8% reversal fib before declining once again 50% 297.87 minus 218.26 = 79.61. 298 minus 40 = 258 SPY coming up??? Will China do something to a FAAMNG stock, like Apple to defeat Trump?? pic.twitter.com/kVrQdENZJd
— David Larew (@ThinkTankCharts) May 23, 2020
The Bear View – 3 Peaks and a Dome House or the Bull View – 3 peak breakout according to the P&F Charts – Post Memorial Day POMO $5 Billion a day, then end of Month – June is the end of quarter & warning season for equities before the end of the quarter on June 30th. July earning pic.twitter.com/zA9oacFMjB
— David Larew (@ThinkTankCharts) May 23, 2020