What did I say
Just looking back on some of my recent posts . . . specifically from November-9th and November-8th.
November-8th I spoke of that Diamond Formation that developed . . .
and that a breakout Up or Down would cause it to enter a new Channel and trend in that direction thereafter.
Sure enough .. the next day (November-9th) we got a Big Break Down and have been Trending in the Down-Channel ever since.
November-9th then I posted that there should be a retest of the break-out level (shown on the posted Chart). Sure enough!, Nov-11 and Nov-14 brought on Up moves that caused SPY to go right up and touch the top of the channel line and then was rejected back Down into the Channel . . where we have been ever since.
Spot On !!
Today is now bringing us further Down and we’ll end up smack dab in the middle of my drawn Down-Channel.
To get better granularity now, you need to use the ARTS Chart that I teach in my ARTS eBook.
This will allow you to see shorter-term action to determine which way the next move might be going .. before it takes off!


