AndrewRoupas

SPY Breakout Imminent

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Focusing on the smaller 30m time frame here, however as we can see we have a triple bottom forming accompanied by the bullish spikes in volume. Simple price analysis and understanding that volume is needed to show conviction, I firmly believe we close today above $424 and will continue to see a bullish run in SPY to new ATH's...

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