- SPX Daily chart shows price struggling to stay above 78.6% Fib level.
- Hour chart may go into a range next week between 1333 - 1356.
- Price for now is staying above 50 Hour moving average.
- Price sustaining below 1333 will favor bears.
- For Bulls it will be an uphill battle to cross 1356. We may see a sell on rise price action playing out from next week.
- SPY update of ISLAND REVERSAL PATTERN
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