Distribution on 5 minute timeframe $204.43 Target

SPY is showing signs of distribution on the 5 minute timeframe. Prices could close the "gap" and still only fall to the 50% Fibonacci retracement. This would leave the markets in idle and indecisive and bull bias would remain intact above $204.44
SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) VIX CBOE Volatility Index

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