Ganbu

Short-term LONG confirmation on SPY

Long
Ganbu Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY had an interesting retracement yesterday. If we apply fibonacci, we can see how SPY will soon enter the fibo pocket highlighted on the chart.
Comment:
Entry: $436
Take profit: $439.45 (+0.79%)
Stop loss: $432.88 (-0.71%)
Trade closed: target reached:
Congratulations. Take profit reached.
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