SPY bullish and seasonality
SPY looks good for continuing up with room up to 490 based off the May 2021 trend. 477 or the middle trend line is the spot needed to retake that trend. The RSI looks primed to breakout to the upside as well. The linear regression from the October bottom would suggest we are in the middle of the range and have can have a move up to 490 without any trend issues. Combine all of this with seasonality and I say we got a recipe for a green Christmas.
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