SPY-Range Trading Forecast
As we have forecasted in previous posts, the SPY had reached the 320-325 levels,
What will the market do now ? is the big question, Our model predict a range trading 315-325 for some time into the future, expect low but almost no new surprises as the market will try to find it’s next move,
The forecasted range of trading, according to AlphaOverBeta models is 315-325, breaking these levels would signal the next move up or down,
This is the perfect market to cherry-pick investment assets as this market hides the real gems that may fly as the market stays in consolidation mode.
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