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SPDR S&P 500 ETF TRUST
Long

SPY Channel UP Continued

129
S&P continues to trend upward to the top of the channel, not necessarily out of steam yet. I think we'll see the trend to continue past this.

Oversold RSI can be bearish but most likely won't be in this case. Don't fight the trend.

Thanks for checking my charts out.
Urameshi_Trades
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S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Support and ResistanceTrend AnalysisTrend Lines

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S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Support and ResistanceTrend AnalysisTrend Lines
Urameshi_Trades
Also on:

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.