CHART-II
- ES has given a breakout from the descending channel.
- If Price sustains above 1194 Next target is 1201.
CHART-I
- ES made a re-entry into the descending channel.
- Price is near the upper boundary of the channel.
- If a breakout happens price should sustain above 1194 for a bigger up move to happen.
- SPY SUPPORT AND RESISTANCE LEVELS
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