S&P500 Index: Your Trading Plan For Next Week 📈

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Hey traders,

This week, I have nicely predicted a bullish move on SPY.
Ahead is a strong vertical resistance now.

The price is trading in a falling parallel channel and it is approaching its upper boundary at the moment.

I would suggest looking for a breakout trade next week:
wait for a daily candle close above the trend line and then buy on a retest expecting a bullish movement at least to 4072.

Good luck!

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Check my new idea on OIL:
CRUDE OIL (WTI) Your Trading Plan For Next Week🛢
Candlestick Analysisfundamental-analysisindexesParallel ChannelS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Linesus100US30

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