SPY has had a few dips in the past, all however have led to the continuation of a bull run, recently price has dipped, price will most likely continue trading against the 1 fib line for some time before the next dip. Green fractal indicates continuation of this trend.
Beyond Technical AnalysisTechnical IndicatorsSPDR S&P 500 ETF (SPY) spy500spyderspyforcastspylongspysignalsspyusdTrend Analysis

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