Premarket trading, Futures, retracement...

Here is premarket trading, in the SPY. Remembering my rule of 3's, we have retested 127 twice. Then you pull back, and break through it. I've posted a nice new red trend line.

I don't buy a 5-7 day run that Quantifyable edges is talking about, When you look at some of those predictions.. There tend to be too many variables. There is a 70 percent chance of a 2 day run, 50 % of a 3 day.... etc. And when you break it down, you realize QE is right 1 in 4.

if we can break resistance, on the fading Fanny Freddy meme. I doubt it's worth more than a day.