Minor Uptrend Broken

Minor Uptrend Broken

It looks like SPY was too overbought to continue the rally and has broken the minor uptrend line (B). I now expect SPY to drop to support from trendline A at ~105.3. If SPY can hold 105.3 then I expect SPY to rally big time tomorrow. If SPY can't hold trendline A then SPY is headed for 102.87

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