SPY open analysis 7/19/2023
Still long only. SPY continues to run past every single level. Gaps everywhere providing support. PLUS that diagonal supply/demand zone should now be support.
At some point these gaps should get cleaned up. But until there's a topping pattern or a signal of some sort, there's nothing to do but follow the trend up.
At some point these gaps should get cleaned up. But until there's a topping pattern or a signal of some sort, there's nothing to do but follow the trend up.
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💎 Get my %R Trend Exhaustion indicator: bit.ly/prte
Penafian
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