WDERUVE

Jobless Numbers don't seem to be a factor

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Week after week we see more jobless, but the markets dont care..

I am seeing a potential pattern forming here. Impulse waves followed by double bottom corrections then another big pump.
Thinking Spy will curl back to to the 272 area before the weekend (forming the double bottom) and then gap up for gains next week. Could be eyeing 300+ in the next couple of weeks.

At this point what ever you think the market "should do" do the opposite..

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