My Spy Chart

I Still think this is a Level of Importance. This level has shown strong significance time and time again. Will the Spy Bounce or Break, I don't know. But I am leaning more Bullish because of all the confluences showing up on the chart.

One: We are in a descending Channel

Two: That Descending Channel looks to be completed and is now forming Divergence.

Three: The RSI is also showing clear Divergence

Overall Outlook: Still Bullish

P.S. The DXY also at a Level of importance and is very over extended.