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SPY in the long term is looking to be touching resistance

The bull run in 2020 was nothing more than a massive false breakout caused by artificial juicing of the markets by the FED and GOV.
From long term perspective, we see that SPY is current at the top of its regular trading range that was set back in 2009.
There has been a few false breakouts above and below the trend since 2009
The is showing the support and resistance trend lines are spreading appart over time indicating the market is clearly getting more volatile as time goes on.

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