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SPDR S&P 500 ETF TRUST
Long

Will SPY fill the gap or make a short squeeze?

183
I would bet on the short squeeze... sometimes the market doesn't follow logic, but I could be wrong, obviously.

1. Price testing long pandemic retracement of 21.4% at $ 405.49.
It broke 38.2% short retracement from the last top.
Stochastic DMI in dangerous region.
snapshot

2. Is there still room to go up?
snapshot
andre_007
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DMIdmistochasticFibonacciFibonacci RetracementgapOscillatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wedgewedgepatterns
andre_007
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
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.