View: slopechart_SPY.jpg
slopechart_SPY.jpg
Have a bull chart.
Tested cup and handle, which we escaped from.
Back tested that level twice. (red line)
Also confluence of algo statistical whatsits averages at nearly the same price. (purple channel, blue channel)
Measured move to 620-ish, which also happens to coincide with... wait for it...
A long term fibbienacho, which can be derived from several bottoms over extended time frames, take your pick which one, that lands...
smack dab in the same neighborhood.
The rally/bull/presidential thingy is likely not over.
FoR3c45t3R 0uT.
That is a big ass gap needs to be dealt with however, there at the end.
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