Despite what felt like a painful 2 weeks - the SPY is still range bound and a bullish outlook continues to exist.
- MACD showing some initial weakness however because of its sensitive to recent price moves it can easily be reversed next week - which will a good opportunity to buy the dip
- RSI still showing a rising trend
- MACD showing some initial weakness however because of its sensitive to recent price moves it can easily be reversed next week - which will a good opportunity to buy the dip
- RSI still showing a rising trend