$SPY - "Broken Wedges Become Channels"

There are reasons for it. I could go into it all. I don't have the energy. This isn't advice. You are responsible for your own investments and allocations and whatnot. I'm just sharing what I do. We will most likely see a channel first. I buy channel bottoms. I am not perfect. They only thing I try to perfect is my position allocation. I will be buying when it makes sense to me.