Monday, March 30th. - Stock Trends, Charts, and Commentary (***If you see last week's Monday Update do a refresh: Click Here)
Is the SPY in a squeeze?
We want you to ask yourself that question because the SPY's 6 year resistance line is converging on the SPY's 6 year support line.
The reason for the squeeze is because the SPY has followed being inside the resistance and support lines for years. Once the lines converge, the SPY will be in uncharted territory and the market pressure on the SPY will be at a VERY high level.
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