SPY looks to be in "No Trade Zone." Depending on how you look at it... You have, Descending Triangle (Blue dash and top Pink line) - Generally Bearish Channel Down (Top and bottom Pink line) - Bearish Until Break above resistance Symmetrical Triangle (Bottom Black and Top Pink line) - Generally Bullish - Continuation Broadening Wedge (Two Black lines trending UP) - Generally Bearish #DontBeASheep
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Touched the top of the Channel Down (a.k.a resistance) Let's see what we have in store tomorrow and the coming sessions.