$SPY daily chart - broke the recent downtrend line, still

S&P 500 index of US listed sharesFXCM

Description

⋅ May 27, 2016 2:40 PM

heavy resistance at 2100, the moves are smaller and smaller, this wave may stall at 2100. but 2135 is still achievable it seems.

Comments

Incogniteaux

⋅ May 27, 2016 10:28 PM

I could be wrong, but isn't this kind of wedging a bearish indicator?