the_sunship

SPY wedge alert - part 2

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hit the top of the wedge on Powell's comments. If they can't break through, I expect it will now want to get to test 374 area to spike through the lower trendline. Around there would be a buy in my opinion. Everything from this morning looks good - GOLD, Bonds, Wheat etc. Good luck!

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