Well, not only did SPY not stop at 400, it just went straight through without any fuss. Amazing! Although don’t be surprised if it retraces and retests 400 from the top side, this often happens.
SPY is trading at all-time highs – but only just. After a 4% dip (in late February/early March) to $376.70 it has recovered, but is only slightly above than its previous high. You can see
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Happy trading!