dereckcoatney

SPY Looks to Be Forming a Classic Bear Flag on the 15-Minute

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY looks like it is forming a classic bear flag on the 15-minute chart. If we continue to consolidate like this into the close, we may expect a large gap down tomorrow.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.