SPY Pierced Head and Shoulders Neckline (Chart Update)

The $SPY head and shoulders neckline was pierced. I'd be cautious here and see how it closes. Let the BOTs fight it out.


SPY

Here is a chart of the close. It pierced the neckline but closed above it with 200 day moving average support. Judgment day is coming.


Courtesy of Stockcharts.com

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