SPY Will Grow! Buy!State Street SPDR S&P 500 ETFBATS:SPYSignalProviderTake a look at our analysis for SPY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 741.72. The above observations make me that the market will inevitably achieve 767.38 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!