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Yesterday all the indices and VXXB went outside inside on the 4H chart.

This morning we’re looking at gaps up across the board and a gap down on the VXXB.

Now that the pattern has resolved to the upside you want to be watching for continuation.

Or else if price starts retracing and coming back into the outside bar’s range watch out for the potential to test the other side of the range if buyers can’t defend the inside bar high.

Good trading!

SPY – 4H

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Watch For Continuation

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