SPY - Rising Trend Channel [MID TERM]

🔹Breakout the rising trend up in the medium long term.
🔹Support at 430 and resistance at 460.
🔹Positive signal from rectangle formation at 436 breakup, continue looking at next resistance 477.
🔹Short-term momentum is positive with RSI above 70.
🔹Technically positive for medium-term long-term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

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