SPY PT $395 or $365

12 thg 1, 2021

The market is due for a correction, but the market never does what we want we want it, they only do it when we are not expecting. Ignoring that, looking at the chart appears to simply be a bull pennant. Break above the pennant, we will test highs and above that should trade to $395. Break below $377 and we should be heading towards $365.
Time frame: either should occur by the 19th.