New highs more likely in S&P than new lows

S&P continues to trend in this upward slope, w/ varying degrees of volatility. I don't use this band to suggest the lower bound is solid support or the upper bound is resistance, only to help identify the trend and the range. New highs more likely than new lows imo SPY ES_F
Chart Patternses_fSPDR S&P 500 ETF (SPY) Trend Analysis

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