$SPY $SPX If we ever get the retrace from D leg, that sets up a cup/handle pattern perfectly on the daily chart. I see a cup/handle within a cup/handle giving way to a larger base. Retesting all time highs. A healthy retrace will make this rally more sustainable. Or it could breakout from this level and totally invalidating the theory.. I'm bearish holding puts.. I also see the $VIX going to 25.. stay tune we shall see
1 Like