S&P Continues to Develop Ascending Rectangle -- Bullish
Although SPY's counterpart DIA broke through resistance last week, SPY has maintained itself within the ascending rectangle pattern.
While this provokes the idea of continued bullish activity in the longrun, we will not be seeing any big moves in the near future.
Market is still looking great though.
While this provokes the idea of continued bullish activity in the longrun, we will not be seeing any big moves in the near future.
Market is still looking great though.
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