As you can see, We have the double top pattern on the 1 hour chart representing a bearish reversal. HOWEVER...
Once we break through the 403.15, price will continue to go up.
Next key resistance is around 408.
* Watch for the downside, Once the price falls below the 400.
It is important for investors to have an understanding of the factors that can influence SPY price movements and to be able to accurately predict future prices.
I focuses on analyzing SPY price movements and patterns in order to identify potential trading opportunities.
