Pivotal moment on the weekly for SPY
SPY came very close to our price target of 430 but is looking to bounce back to 450s to coil up into this make or break pattern. Macro factors will decide the fate of this but we are feeling new all-time-highs around 500 before a major correction.
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Disclaimer
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.