PrestigeWorldwideTradingCo

$SPY falling wedge on short time frame

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
$SPY rejection off the 2022 VP poc (Purple line / Arrow), followed by a high volume break under the support channel drawn from the 2020 low to the June 2022 Low (Red line), and a beautiful retest and rejection of the level (Red arrow). Now we’re trading in a falling wedge. Watching for possible breakout back to 390.

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