SPY on the daily chart, seems to bounce up when it touches the lower trend line the past several weeks but this time it shows some exhaustion on the buyers. Are we going to see more red or gap up tomorrow?
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It's also possible that it does both, gaps up then closes red EoD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.