AdamParmer
Long

Double bottom on the SPY with targets

AMEX:SPY   SPDR S&P 500 ETF
After breaking a Descending triangle, the SPY             is forming a double bottom that could make for an interesting intermediate term trend. Just breaking through the 786 Fibonacci level, the targets for this potential breakout are

T1: 208.53

T2: 211.24

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