ctpelot
Short

$SPY Bear Flag - Gap Down

AMEX:SPY   SPDR S&P 500
34 0 1
$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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