SPY approaching rising wedge's resistance
SPY had a breakout above the .5 fib retracement level today and is on its way to the top of the rising wedge's resistance line. In the course of this, it's also filling a gap at around $284.50.
Watching $285/$286 today, with a potential reversal after that.
Thoughts?
Watching $285/$286 today, with a potential reversal after that.
Thoughts?
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