SPY are currently at the ascending triangle same as NVDA or AMD yesterday. Here is potential to broke it up and go tested 0,5 Fib from last fall -> it's at 266 which is really close. Next potential stop can be around 272 where is POC from 3 years volume profile.
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There is big chance to broke ascending triangle to down direction. If it happens next interesting zone for me are around 246.
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Tomorrow the new quarter of the year begins. It's time when the biggest funds start re-balancing their portfolios
I had top break around 280 in my analysis... but im seeing a sign of slippage back to 232 ish range over the next 13-15 days..... the market will fight but i see an inevitable pull back.... jobless numbers claims are going to sky rocket yet again..
CzechCryptoBunny
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@Maztamynd, I see it same. Fundaments are rly bad, but at short time can goes test it this zone