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SPDR S&P 500 ETF TRUST
Long

SPY - The Tom Lee Summer Rally

879
Yeah, as bearish as I've been, this latest price action looks like AB is playing out which means a large C is coming for the summer months - target around 450 more or less. Why? The excuse will likely be "inflation has peaked".

The Tom Lee fanboys will think we'll go up forever again. September should be the end of the rally.
the_sunship
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Chart PatternsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spylongTrend AnalysisWave Analysis

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Chart PatternsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spylongTrend AnalysisWave Analysis
the_sunship
Also on:

Related publications

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.