2use

SPY trend channel

AMEX:SPY   SPDR S&P 500
Currently it is trending within a specific channel that can be traced from various tops and bottoms. Feels like 192 can be touched, then some way up. This might create a double bottom and make turning point for the index. But chances are low, and i would not call it a long here...yet.
Still ther. Double bottom did not work, and i feel as 190 is to be touched
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