$SPY - Bearish Divergence & Rising Wedge
I identified bearish divergence on the MACD and StochRSI (Red Arrows). I also see a rising wedge (white lines) similar to the one identified earlier back in February that lead to a pull back. This in combination with lack of significant VPVR support and diminishing trade volumes at current levels - I think we are looking at $383 - $389 levels by mid of next week or maybe earlier.
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