Back in late April, John Rowland, CMT, flagged a V-bottom in the S&P 500 ($SPX) and projected an upper-level target near $668 on the SPDR S&P 500 ETF (SPY). Right now, price is basically there — within a point of his objective.
During last Friday’s Market on Close, John walked through what he’s seeing now: why V-bottoms can grind higher in a “methodical rise,” how to think about triple-witching energy at targets, and which indicators suggest either continuation or a pause.
