This video provides an explanation of my weekly view of SPY. Even if there are pullbacks or choppy action, will SPY rally up to 390, or even 420? My explanations include more detail for those who are learning to study charts and want to understand how indicators tell a story about price.
I also offer a model of analyzing price to see possibilities. Mainly the outlook presented in this video is for the next 3-4 weeks. My analysis leans bullish but I am aware that, without confirmation from price and indicators, the view will again lean to more downside.
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