SPY
If the price of
SPY
breaks above the bullish trigger of 437.57, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 440 and 446.85.
Conversely, if the price of
SPY
breaks below the bearish trigger of 434.75, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 433 and 431
*Personally, I'm BULLISH, and I expect a bounce up, but it's temporary and technical.