S&P500 Index (SPY) Detailed Technical Outlook 📈

snapshot

S&P500 index is trading within an expanding wedge pattern on a daily.
The price was stuck within a horizontal trading range for 2 week.
Its resistance was finally broken yesterday.

I think that it may push the market higher.
Next resistance - 4118.

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Candlestick AnalysisdowjonesS&P 500 E-Mini FuturesindexesNASDAQ 100 CFDnasdaqNASDAQ 100 E-MINI FUTURESRectangleS&P 500S&P 500 (SPX500)US30Wedge

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