ChargingBull

Expecting a nice pop short-term

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
We are currently trading in the pink zone, where there is heavy price-volume action. Our next leg up is the 1-day prediction. 203.75 is where prior support has resided for about a year. The regression line meets with this prior support. We will be reaching the upper bound of the Bollinger Bands. The price tomorrow will be considered an inflection point of where we will be going in the future.

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