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[Follow Up] Episode 3 - Pop After FOMC Meeting Drop - Continued Upside?-Bear Market Rally-11/07/2022
Most of the sell off was given back on Friday. Nvidia is looking strong for the semis. SPY is still out of the minor trend, but it finished near a known resistance/support line. It is also showing a moving average is right around that same support line.
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I think SPY will pop up over resistance and moving average, test support, then shoot up.
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Its a far stretch, but I am going to estimate SPY getting back into the minor trend.
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