Yogigolf

SPY bullish divergence bounce

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY has filled the gap and is bouncing off the 100ma coming of hourly oversold conditions playing off several bullish divergences indicated by the pink and yellow arrows. This can still pull back to the 50% retracement and still be valid but this seems like a significant enough area for the bottom.
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