Brief recap from last week, biggest winner $CAR (10.91%) and $RES (8.90%), biggest looser $MAKO (-1.76%). Average percent gain from last week’s watch list is 4.38%
SPY, broke through the descending wedge on hourly chart this week, but on low volume, weekly volume in general was thin. I’m expecting a retest of the upper wedge trend line, around 131, or perhaps a 20ema test on hourly.
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