After the SP500 smashed through the supporting 1x1 Gann Angle, where are we now?

The SPY is in between the two strong Gann Angles. Whip saw can be expected. A break down through support could be scary.

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Investing Quote...

"[Point and] figure charts are more valuable than vertical [bar] charts." ~ Richard D Wyckoff

"The first rule is not to lose. The second rule is not to forget the first rule." ~ Warren Buffett

"If it's obvious, it's obviously wrong." ~ Joe Granville

"Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs." ~ George Soros

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros