Striving for survival?

Two weekly hammers in the last four weeks... having the latter invalidated the former... it seems to me there is someone out there trying everything for price not to leave "the" channel (the red one)...

Let's see if the market confirms last week's hammer and manages to reenter the channel and to break previous week's high at 1947.20, cause, if I'm not mistaken, if and when price leave the channel... take care!
Candlestick AnalysisParallel ChannelSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY)

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