Trend Remains Up in the S&P500

Hard to be bearish the S&P500. After a false breakout in Feb above the 261.8 Fib ext from the 07-08 high/low, price just reclaimed the breakout level with a big green monthly candle, closing w/ the highest monthly close ever. The trend remains up and to the right. SPY ES_F SPX
Chart Patternses_fSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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