$SPY consolidating for next move
Updated
Thinking another day of chop then possible larger move Friday or early next week.
I like that gap above but trend is certainly down. Perhaps we get the gap fill above before another solid leg down ... keeping it level by level.
Thoughts ?
I like that gap above but trend is certainly down. Perhaps we get the gap fill above before another solid leg down ... keeping it level by level.
Thoughts ?
Note
Nice bounce of the trendline support : )Trade closed: target reached
Boom breakout above sees 390 gap fill most likely... from there expect more consolidation to gear up for next move
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