$SPY 1D wedge/triangle breakout
Looking at the daily timeframe on 
SPY we have some room to run on the upside. It's important to note 1h/4h timeframes are in overbought territory so the price could retrace temporarily before proceeding higher. The ball is in the bull's court... Also, with energy prices continuing to show bearish momentum this is a positive sign of the equity markets.
SPY we have some room to run on the upside. It's important to note 1h/4h timeframes are in overbought territory so the price could retrace temporarily before proceeding higher. The ball is in the bull's court... Also, with energy prices continuing to show bearish momentum this is a positive sign of the equity markets. 
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