What are the charts below trying to tell us to expect (see purple ellipse on right hand side):
1) continued breakout to the up-side (following the V-Pattern) to new highs, or
2) stiff upside resistance at the 200-Day Simple Moving Average level, and maybe a test of previous lows.
Stay tuned:
- I am going to let MIPS tell me what to do, and you should do the same.
Graph #1
![](https://ecp.yusercontent.com/mail?url=https%3A%2F%2F0j.b5z.net%2Fi%2Fu%2F10129703%2Fi%2F190206_TC_Breakout_SPY__1.PNG&t=1551759754&ymreqid=beb9f03b-45a1-04a8-1c0a-4c000b015500&sig=1ejs30IcA4UmvehevIl9Yg--~C)
Graph #2
![](https://ecp.yusercontent.com/mail?url=https%3A%2F%2F0j.b5z.net%2Fi%2Fu%2F10129703%2Fi%2F190206_TC_Breakout_VOO__2.PNG&t=1551759754&ymreqid=beb9f03b-45a1-04a8-1c0a-4c000b015500&sig=VakT54m_hsvU8Os6C30NNA--~C)
Paul Distefano, PhD
CEO / Founder
MIPS Timing Systems, LLC
Houston, TX
281-251-MIPS(6477)