SPDR S&P 500 ETF Trust

Time to fill gaps?

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As you can see there are a couple gaps to fill yet. Is it time for that move? We have a strong channel moving up but it has hit some strong resistance with a good amount of volume. This support area is also a fib retracement level. Which holds, which breaks?! My opinion is we are over extended and its time to break the channel and fill one or both gaps. Good luck everyone! More to come!

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