Hey Market Pilot,
Last week, I was studying the S&P 500 (SPY) price action. Upon further inspection, I saw what was looking like an air pocket forming, so I drew a visual. Now, there are additional air pockets forming…
In the video above, I’ll cover…
- Why I thought this air pocket was forming on the SPY
- Where my next correction target is
- Why I think there is another air pocket on the IWM
As we close out the rest of this week, I am remaining cautious of the market’s price action. So far, we’ve seen it meltdown and I am anticipating more of the same.
Your Profit Pilot, TG
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