SPX/SPY Tiered for approx 7.5% Gain In Upcoming Trading Sessions

Just a single indicator hunch but the 5 day EMA has been proving as a strong support over the past week of rallying. I would say the bear market rally is not going to give up as easily as some are expecting it to.

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It appears that this call did not work out, but on 4/3 we took a heavy turn upwards, which can be seen in the idea I published after this one.