SPDR S&P 500 ETF TRUST
Updated

$SPY consolidating for next move

130
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 ?
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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