This update shows you why I believe the SPY will resolve the current Flag formation into an upward price trend.
The Vortex Rally base will likely continue to setup over the next 5+ days. But the 531-532 level on the SPY is proving to be a strong support area and as long as this level is not broken - we should see the SPY attempt to rally back above 545-550.
It is all about timing the move and staying patient while the SPY/QQQ settle near this base.
I'll continue to post more updates as price trends.
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