axelroark

SPY bull penant breakout

Long
axelroark Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY consolidating into a penant flag with potential to breakout. Target 267.
Comment:
Small breakthrough into close. AH breakthrough secondary wedge. Expect near target end of 1/24/19 trading day.
Trade closed: target reached:
If you got in this trade when I posted this chart, you would've had the chance to close at 265.60, or keep riding Friday morning action to actual target. Closing as successful trade idea.

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