Quick Post
54d · 1 min read
SPY is within 1.2% of the resistance cluster at $545-$548 that has rejected three prior attempts. Market breadth narrowing (S&P 500 equal-weight lagging cap-weight by 4.3% YTD). A clean breakout with breadth participation is bullish. A rejection here opens up a re-test of $510-$515.
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This is not financial advice. For informational purposes only.
Based on publicly available information and contributor analysis.
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