AMEX:SPY   SPDR S&P 500 ETF TRUST
Hourly observation, more I analyze, more I get confused looking at the chart. Once we go to a key level, price action becomes more clear. Right now, too foggy to tell what the market is going to do.

I am bearish.... that 257.77 should break. Else we will see 296 in 4 months or so....
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