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Pavley

BEAUTIFUL Cup and HAndle on SPY

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Pavley  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) spylong Bullish Patterns
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trendanalysis chartpattern indicator spy spylong bullish
Well, looking at ES on a 30 minute time frame, right off the bat I see a nice Cup n Handle forming. Where right now we are forming the handle and are looking for a strong breakout to the upside. If this can hold valid, im expecting ATLEAST 4763 on ES. I think that is about 484 on SPY. We will atleast see a nice gap fill to 465 (labeled in the yellow box) That is probably the best bullish sentiment I see right now for SPY/ES this week!
PG13
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