SPY Nearing Ceiling of Channel on 4 hr
Still some juice left I believe.
Watch for trendline rejection which coincides with mid Fibonacci Bollinger Band.
Alternatively, watch for test followed by bounce of support / resistance flip and close above mid bollinger to confirm short term bullish bias.
Watch for trendline rejection which coincides with mid Fibonacci Bollinger Band.
Alternatively, watch for test followed by bounce of support / resistance flip and close above mid bollinger to confirm short term bullish bias.
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