Updated chart of Spy. No mini crash on 6/29-6/30. Looking for standard deviation and vix to calm down a bit with higher prices from here.
There are two cycles shown on the chart, one blue and one green both suggesting a turn next week.
Using support and resistance along with other indicators, the least resistance for now seem to be up.
The light blue rectangle is a gap fill, resistance from various sources, all within a particular time frame.
This is what I call a gift to the Bulls out there, be happy for now.