SPY’s 2-Day Pattern Suggesting A Bullish Tendency For Tuesday

SPY gapped up and closed lower Monday after leaving an unfilled up gap on Friday. This triggered the study below that examined similar price action in SPY with regards to how it gapped and finished.


The numbers here all look solidly bullish. This suggests a possible upside edge for Tuesday based on SPY’s pattern of the last few days. Traders may want to keep this in mind today.



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