SPY: Still Bullish Tilt Range Bound
Despite what felt like a painful 2 weeks - the SPY is still range bound and a bullish outlook continues to exist.
- MACD showing some initial weakness however because of its sensitive to recent price moves it can easily be reversed next week - which will a good opportunity to buy the dip
- RSI still showing a rising trend
- MACD showing some initial weakness however because of its sensitive to recent price moves it can easily be reversed next week - which will a good opportunity to buy the dip
- RSI still showing a rising trend
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