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ctpelot

$SPY Bear Flag - Gap Down

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ctpelot Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
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$SPY the chart has shown us what the S&P was going to do for some time now. After the Fed announcement and bear flag formation, the S&P 500 gapped down today. It would not surprise me so see a test of October lows.
Comment:
Basically double bottomed as expected on 9/29

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