SPY - The bullish momentum continued

$SPDR S&P 500 ETF Trust(SPY)$ : The price dipped back inside the Bollinger range during Tuesday's premarket session, but the pullback was short-lived. Buyers immediately stepped in, and the bullish momentum continued today.

There is a bearish divergence with the Money Flow Index, but fighting this setup is risky. The key level for this short week shared with subs last Friday is is $607, and as long as the price stays above it, no healthy pullback is confirmed.

The candle suggests a green Thursday and the seasonal green first week of July scored another green year.

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  • VivianChua
    ·07-04
    Nice 💚💚💚
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  • Tony coins
    ·07-03
    Great article, would you like to share it?
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