WizardBull

Monthly time frame (Long Term Analysis) SPY 500

Short
WizardBull Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Rising wedge capping off a very long and extended bull run. Monthly time frame bear divergence on the RSI with room to unwind.

Target 1: 255

Target 2: 240

Target 3: 225

Targets listed in terms of likelihood.
Comment:
Starting to play out
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