Don't worry PYG holders, the rally is still intact. SP has just tested the bottom of the channel and the channel didn't let go. There's still a chance price will move towards the lower trend line though. RSI bottoms are nicely lined up, just waiting for the MACD to cross.
Price Volume Oscillator has crossed over signal today indicating that SP is about to make a volume based break out(or break down) possibly as soon as tomorrow.
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