- 1342.50 in Daily may act as support, This level acted as resistance and it may act as support now.
- 20 Day Moving Average is Near the above mentioned level so This may act as confluence of support if a correction happens.
- Triangle breakout is favoring bulls till now. But things may turn in favor of bears if price starts to trade below 200 Hour moving average which may result in a busted triangle pattern.
- SPY ASCENDING TRIANGLE PATTERN
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