Daily Update - SPY, WGS, and CORZ
1. $SPDR S&P 500 ETF Trust(SPY)$
SPY is a 3-months bearish rising wedge in making and it's nearing the apex of the triangle to negate the pattern if SPY continue to hold its rising 20-MA
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Currently at 10 x ATR% extension from 50-MA, similar to Mid-May before its pullback.
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3. $Core Scientific, Inc.(CORZ)$
I was reviewing some of the $Amplify Transformational Data Sharing ETF(BLOK)$ holdings due to their consistent strength relative to BTCUSD. Besides $MicroStrategy(MSTR)$ , which has already moved 5.8x ATR% from its 50-MA, CORZ stands out as a top performer. On two separate occasion (1/10 and yesterday), it had an intraday undercut and rallied above its 20-MA. Currently rested above all MA and less than 6% from trading to all time high.
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