Ubaidy100

$SPY CHANNEL BREAK ON WAYCH

AMEX:SPY   SPDR S&P 500 ETF TRUST
- Keep close watch on this channel BREAK or rejection
- We are also at a zone where we can break or reject
- Last weeks movement might give us a push higher but RSI will pullback on the daily
- Keep an eye for a break of the CHANNEL and the ZONE (purple zone)
-ALSO keep in mind that we are testing the cloud! which is usually a very important place for price to fluctuate around.

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