The correction seems to be over. The next few bars will likely be bull bars.
It will breakout to the upside with high probability and will re-test the Feb 02 high.
3 pushes to the downside have been completed. Upside breaks are expected. My two cents, trade with your own risk. Good luck!
SPY will go up for the next few bars. Trade with your judgment. Good luck.
SPY broke out from rectangle trading range today on 15m chart.
QQQ Broke out from the rectangle trading range today on 15m chart.
There are a few possibilities. The market must be watched closely.