Will SPY fill the gap or make a short squeeze?
I would bet on the short squeeze... sometimes the market doesn't follow logic, but I could be wrong, obviously.
1. Price testing long pandemic retracement of 21.4% at $ 405.49.
It broke 38.2% short retracement from the last top.
Stochastic DMI in dangerous region.
2. Is there still room to go up?
1. Price testing long pandemic retracement of 21.4% at $ 405.49.
It broke 38.2% short retracement from the last top.
Stochastic DMI in dangerous region.
2. Is there still room to go up?
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