Possible Bullish pennant forming on the SPY 1HR, based on the following: -3 touches on resistance from Nov. 4th -3 touches on support from Oct. 25th -Higher lows, lower highs, forcing the price into a corner
The yellow lines are hotspots in VP, the first one indicating a possible convergence between it and the support of around $466. Alerts on both support and res., if volume confirms will be an interesting directional play.