Today's SPY Cycle Pattern is a Momentum Rally pattern in TREND mode.
This suggests price will rally today - possibly targeting $558-559 or higher.
The next 2-3 trading days should be very powerful for LONGS. My SPY Cycle Patterns have predicted the past 2+ weeks of price movement and continue to suggest upward price trending until July 15th or so.
Then, we move into an exhaustion peak price action - eventually rolling back downward to find support.
Get ready. The next big move will take place after July 23-24, setting up another great opportunity for skilled traders.
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