Well, I pretty much nailed the high of the SPY a few weeks ago. I also said we could retest the lows.
Here we are: ON OUR WAY
Retail sales sucked today in Redbook.
Tsipras is AGAIN Prime Minister of bankrupt Greece.
China is too lackadaisical in its attempts at QE, according to the US anyway.
Market unable to build steam above its 200 day moving average due to the Feds inability to do something?
Need I say more??
I fully expect a retest of the low and a low of 1700 before all is said and done.