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BlackisKing

SPX500- Bullish Megaphone Pattern (or Bull Trap)

Long
S&P 500 Index (OANDA:SPX500USD)  
BlackisKing  
OANDA:SPX500USD   S&P 500 Index
Chart Patterns Technical Indicators spylong S&P 500 (SPX500) spx500short
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chartpattern indicator spylong spx500 spx500short
Please do your DD.

Watch out for the bounce from the trend line which will confirm the bullish megaphone pattern and trap a lot of shorts.
But if it breaks the trend line to the downside then we could be going down to 2000 on SPY

Be careful out there and do your DD before investing.

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