SPY went ex-div today which adjusted SPY to 293 to account for expected payout of 1.323. Does this chart and your read reflect that?
UnknownUnicorn2259134
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@ssarangan, Absolutley. Price action today is irrelevant to me...as price is above value and upper channel...Very likely this will pull back soon. I would feel the same way if it was a solid green bar!
stinkbug
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Plus seeing how Amazon and appl following or cant break out of upper trend line going down...the water is getting stormy...