$SPY Bear Flag - Gap Down Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Sep 18, 2015 2:07 PM

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

⋅ Dec 3, 2015 4:29 PM

Basically double bottomed as expected on 9/29