Night_Trader
Short

Another Cypher pattern on the SPY...this time intraday

BATS:SPY   SPDR S&P 500 ETF
200 1 0
And another bearish Cypher pattern ahead. This time on an short term intraday timeframe. Be careful it is countertrend, and the uptrend is quite strong. I would suggest to trail stops very actively....!
Target was not reached. But with trailing stops no harm should not have been done.
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