2026-01-20 01:28:07

The weekly chart of $SPY just printed an indecisive doji—classic pattern that usually signals uncertainty rather than directional conviction. Sure, there's been noise around tariff talk lately, but if you're reading the price action properly, nothing here screams bearish. Actually, even if we see a pullback to the 1.414 log Fibonacci level around $677.63, that's textbook support territory and shouldn't catch anyone off guard. Market corrections happen; they're not disasters. The bigger picture? Price structure remains intact, and another test of key levels would be a normal part of market mechanics, nothing unusual or alarming.

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CommunityWorker

· 6h ago

Doji is back again, and you can see this thing every week. To put it nicely, it's uncertain; to put it bluntly, no one knows where it's headed... But speaking of which, the 677 support level definitely needs attention; it's only a real issue if it breaks.

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failed_dev_successful_ape

· 6h ago

Doji is back again, always talking about uncertainty... Actually, it's just waiting for the direction, nothing major.

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MysteryBoxBuster

· 6h ago

Doji is back again, always saying uncertain every time, but actually there's no direction. The 677.63 Fibonacci support sounds good, but when it really drops, how many people can hold on?

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