there is also a rising wedge into a trend line resistances. The B leg of the previous bearish cypher acted as inital bounce area, as a result I see a future spy rally set up into the close today. This can also push $spy for $400+ $4080 SPX
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time to start buying
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long the 3x bearish etf (just want to be clear, since folks are asking)
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this is the bullish reason if the AD breaches the 200 moving avg, this goes to 407 fast