Spy retracement levels

It looks to me like there could be some room for short term upside on the s&p 500.
Bullish divergence on macd and rsi
Not implying that this is the end of the correction only time will tell however macro environment is not as bad as many believe. Lots of possible downside movement has already been priced in would expect rally soon.
Upside targets are the red lines seen on chart.
Enjoy
Chart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) Trend Analysis

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