- Bank of America has given an up move yesterday.
- Weekly chart shows price testing the middle bollinger band. For bulls price shall close above Weekly bollinger band for a bigger up move to happen. Price getting resisted at Middle bollinger band and staying below 6.31 levels will favor bears.
- For bulls price should stay above the daily ichimoku cloud and 6.31 levels to continue the up move.
- SPY TREND UPDATE
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