SPY Breakout Setup – Bullish Pattern Watch!

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SPY has formed a clear ascending triangle with strong support at $616. After a pullback, it’s now breaking out above $620.78 with a bounce from trendline support and rejection of lower prices.

📌 Trade Details:
🔹 Entry: $620.78
🔹 Stop Loss: $616.00
🔹 Target: $624.56
🔹 Pattern: Ascending Triangle Breakout

This setup aligns with market momentum and breakout structure. Great risk-reward for bulls watching major index movement.



📊 Posted by: ProfittoPath
#SPY #SP500 #ETFTrading #BreakoutSetup #MarketUpdate #ProfittoPath #TechnicalAnalysis #StockTrader #ChartAnalysis

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