Naz looks to be backtesting breakout. May get a bounce Monday. Post chart later.

Here’s the chart prompting me to bag a nice profit. We will likely get another bite at this one too but I hate giving back chunky profits along the way.

Naz

Old SPY chart of mine showing my analysis ahead of plunging countermove last year and my basis for the call. You can see the internals are much more healthy this time. You guys who are being aggressively short the SM need to be careful! Pick your spots wisely like the gift we got in the IBB/LABD trade.

SPY