bigrediska

SPY -the correction will end soon.

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Here we see a consistent implementation of the Head and Shoulders patterns. At the moment, the next one is being formed. In addition, we see the intersection of MA50 and MA200. This means that institutional investors will not buy. I hope that MA200 and the upper border of the yellow trend will serve as a reliable barrier.
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