If SPY Breaks Above $410 - we could see $420+ very quickly

Breaking above the $410 resistance level could be a very big sign that bullish price trending is building momentum.

Ultimately, I don't believe the SPY has enough momentum to get above $440~450 in 2023 - but I could be wrong.

I do believe we will move into a bout of sideways congestion after Q1:2023 - and slide into a period of complacency.

Near the start of Q3:2023, I believe we will see the bullish price trend resume - likely starting a push towards new all-time-highs again.

We are certainly living in interesting times.

If you are not following my research - please take a minute to review my posts/comments.

Here we go.