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SPY has a rocky break, but continues its climb

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
snapshot
SPY has broken from its 2 month long rally to go through a rough but quick pullback. SPY has now bounced back to pre-breakdown levels. During the pullback when comparing to the RSI patterns, we can see that it pulled back more than the price on multiple occasions. This gives a bullish sentiment during the recent contraction.

Idées en relation

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As the RSI moves flat, SPY's price action continues to climb
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SPY slips into downward trend but leaves some hope
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