REPLAY - US Stock Market - S&P 500 SPY | MDY Cycle and Chart Analysis | Price Projections & Timing

[@CodiCox]

Amazing chart indeed. Slim you really created something very special wow!!!

[@askSlimTeam]

Thanks so much!

[@ReiGon-r4c]

Mmmm slim said short term profit taking and the end of nov beginning dec... Is it happening right now? 🤔

[@askSlimTeam]

Not yet

[@vinny1010]

There is no longer an island reversal as price as filled the gap

[@askSlimTeam]

It’s still an island, we’ll see if it has value in suggesting a resistance area

[@vinny1010]

@askSlimTeam Not true. The pattern specifically illustrates an unfilled gap (on BOTH sides) of the price action, hence the term, an island. There should not be any price action on either side. This pattern is thus quite rare although many are quick to call it an island when it technically isn't. Either way, I agree that a reversal is certainly due

[@askSlimTeam]

@ - yes, what you say is true. I’ve seen islands get tested, surpassed, and it turned out to be an early warning

[@JK-vb6ju]

U think we can break 600 this week thanks

[@askSlimTeam]

Already did