TimZhang

$SPY daily chart - broke the recent downtrend line, still

FX:SPX500   S&P 500 index of US listed shares
70 1 1
heavy resistance at 2100, the moves are smaller and smaller, this wave may stall at 2100. but 2135 is still achievable it seems.
I could be wrong, but isn't this kind of wedging a bearish indicator?
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