The key levels are shown here on the SPY 10 minute intra day chart. Note the bottom hit of the trendline then hard bounce. We have now retaken the upper sloping trendline we broke yesterday at approximately 2:20pm ET, but gapped below today. Watch for confirmation of the move on the 60 minute as well. These key levels stretch days/weeks/months back. Absolutely key to understand them and utilize them. Enjoy and do not forget to join the Research Center for premium technical analysis guidance.
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