VasilyTrader

S&P500 Index (SPY) Buying the Dips

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FX:SPX500   標準普爾500指數

nice correctional movement on spy yesterday.

the price perfectly dropped to a support line of a major rising channel.
this support matches perfectly with a 618 retracement of the last bullish impulse
+ bullish engulfing candle formed, confirming the strength of structure.

I believe that now it can start recovering.

goals:
3507
3560

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