SPY - expecting strong resistance
Expecting some strong resistance around 152.85 area - it should move up after the gap is closed + the major trend line is running just around there. I would expect a good of test 156 area off 152.80 and if 156 holds and forms a double top thereafter - then the real correction is likely to start.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.