AMEX:SPY   SPDR S&P 500
164 1 10
This is JUST FOR GIGGLES. I leaning towards the Harmonic patterns posted previously. But, many have noted a HS pattern on SPY             which I don't really like, formation-wise. However, this could be a dandy formation for a H/S
H/S is already working on SPY, next move is up to around 210 and break down to 202, IMHO. The H/S as per your diagram should come to fruition with SPY on its way to 202 and lower.
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