Well we ended last week with a little scare but price action bounced off the cloud and back into our channel, solidly staying above the HMA all week. Now with almost 2T USD stimulus package coming out, expect to see the market head higher. Injecting the economy with more debt only makes prices go up. Remember the trend is your friend as long as you are on its side.
SPY
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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.