
The white lines in the chart denote support and resistance levels on the chart of the SPY. Around 94.6 would probably be very heavy resistance for the upcoming week. A slight pullback from current levels will probably support the thesis of continued upside moves. Even a pullback to 90.6 would likely support a continued uptrend as that is gap fill, and is the 50% retracement level from the lows of 87 on the SPY to the highs of 94.6.
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