$SPY - Definitely bullish

Nothing really too technical at all I can get into with this one (not a big fan of hourly charts for LT price action) but, @ this point I couldn't see any other pattern but a wedge up / busted bear 3 drives pattern. Currently @ the re-trace so unless anyone sees a break of $268? I'm not sure where everyone else thinks this is going lol. I've seen this setup a number of times (TRIP, UA, M, etc., Intra-day, not hourly) where 180WMA is finally over 789WMA almost like a regime change. Price action after the crossover - great, but not too great for long before it loses almost all of its gains of price since it crossed above 789WMA. Eventually, balances itself back out in a continuation. Long story short, BTFD. Just me tho lol
Moving AveragesThree DrivesTrend Analysis

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