SPY & SH daily charts

The SPY daily chart below suggests that a rising wedge pattern maybe developing.
Price appears to be up against the lows in the early part of the year. (yellow line)
Also price is getting closer to the white trend line from 3 low points.

This SPY daily chart below from ChaikinAnalytics is short term OB.

This SH daily chart below from ChaikinAnalytics is short term OS.

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This has been posted for Educational Purposes Only.   
Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results.