After a few days of volatility, SPY seems to have pushed upwards twice with a dip in between. Since then it has dropped down though not as far as the bottom. Although it doesn't perfectly follow the fibonacci levels of the bat harmonic pattern, my experience shows that harmonics do not always follow the levels to the t. This bullish harmonic is a good opportunity to go long.
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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.