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SPDR S&P 500 ETF TRUST
Long

S&P Continues to Develop Ascending Rectangle -- Bullish

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Although SPY's counterpart DIA broke through resistance last week, SPY has maintained itself within the ascending rectangle pattern.

While this provokes the idea of continued bullish activity in the longrun, we will not be seeing any big moves in the near future.

Market is still looking great though.
willgeorgejr
Bullish PatternsDIAmarketQQQRectangleSPDR S&P 500 ETF (SPY) Support and ResistanceTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bullish PatternsDIAmarketQQQRectangleSPDR S&P 500 ETF (SPY) Support and ResistanceTrend Analysis
willgeorgejr

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.