S&P500 Index: Your Trading Plan For Next Week 📈
Hey traders,
This week, I have nicely predicted a bullish move on SPY.
Ahead is a strong vertical resistance now.
The price is trading in a falling parallel channel and it is approaching its upper boundary at the moment.
I would suggest looking for a breakout trade next week:
wait for a daily candle close above the trend line and then buy on a retest expecting a bullish movement at least to 4072.
Good luck!
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