SPY double-topped the ATH in after-hours trading yesterday, before gapping down this morning. If it breaks below 455.60, the next target down is 453.50. The next upward target would be ATH at 458.50.

Since the gap down, SPY has been climbing in the pre-market.

As it approaches resistance at 456.75, we’ll see if mid-timeframe bullish…

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NUGT may be developing an inverse Head and Shoulders. We could see good things for Gold and precious metals going into 2022.