So as I've been observing the SPYders the channel has been obeyed the whole time. My theory is that it will likely reach 425 and then go sideways for a while. Consider the fact that this is a daily chart so the moves are more subtle. I would think once it hits 425 it will go sideways between 420-425 until next Friday and then rally.
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.