TradingView
ratchet-mint
May 29, 2019 4:17 PM

SPY down but just trading within its current wedge pattern 

AMEX:SPY1W
SPDR S&P 500 ETF TRUSTArca

Description

⋅

Although the SPY is trading down for the past month, this is still just following the broadening wedge pattern it has formed since the beginning of 2018. Sadly this pattern does not give much indication which way the SPY will go when it breaks out.
Trend AnalysisChart Patterns
More