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SwingTtrader
Nov 24, 2020 3:14 AM

Which direction the trend is going?  

SPDR S&P 500 ETF TRUSTArca

Description

Looking at the long-term trend for the SPY ETF, and I'm wondering which is the direction this trend is going. Can it breaks this long-term and continue moving higher, or is it going to get rejected the same way it has multiple times since 2018? I guess the only way to know which direction this long-term trend heading is to wait and see.
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