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new rebound high, this bull may have small legs at least.
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SPX gapping up over the 20d/50d/200d/50w 2065-2062ish. Mind the morning gap, and confluence of the MAs as mentioned for the downside. And the tiny gap 2090-91 (Dec7).. and GS's target for SPX 2015 fwiw.. was 2100.
as i mentioned in yesterdays thread, this is a very significant event. this is a valid macd bullish cross on daily spy. should gbe good to 209 spy at least.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
i like to say we usually only two 2-3 valid macd bullish crosses on spy per year. this was a very dry year as we only 1 such buy signal. this is the second coming with just a couple days left haha
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
unfortunately i was busy with work and so i didnt go long before the close. now its gapped up far too big. ill have to pass on this major buy signal unless we fill the gap.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
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