SPY - 03/21/21 Projection

Fed speaks Monday, Tuesday, and Wednesday so my primary thesis is a bounce at current levels or a retest near the 385 level. I do think we have another leg higher to 407 but we are a little overextended currently. Be on the lookout for a drop to the 50 day EMA for a potential bounce.
Chart PatternsTechnical IndicatorsTrend Analysis

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