$SPY What if (Bear and Bull Case) another COVID Optimism Bounce?

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Please do your DD.

From my last SPY idea, we are in the bear/bull trap zone and where we go next is anyone's guess (Most likely down). We could be consolidating here to move higher one more time or gaining momentum for a downward spiral. We may have Gilead's and Roche's official news soon so we have to be prepared for a short squeeze.

Also I am looking at the IWM and it hasn't reached its .50 retracement so that is unclear what that is going to to do so please be careful either way.
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Lets see what happens. Playing well as talked about. I will not be surprised if we got a data on GILD rem today. The chart looks so much like it and shorts having to cover tomorrow. Be careful still
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Well we heard from GILD REM but not what we were expecting. lol Lets see what happens
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Not
BTCUSD and SPY trading alike
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Did the Market Top today? We closed the gap around 2900.52. Tech earnings today could be the catalyst for the top and road down. Time will tell
Chart PatternsIWMiwmlongiwmshortSPDR S&P 500 ETF (SPY) spylongspyshortWave Analysis

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