SPY seems to have a bullish RSI Divergence setting up in the near term looking for a bounce back up towards the 300 area holding support along our main trend line. This move should set in the next leg up into the right shoulder finishing off the cycle and setting in a final top.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.