PumpCTrader

SPY Breakout Coming

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Bearish Symmetrical Triangle on the 4 hr. Price action approaching end of the road. Theoretically it can break out in either direction.However the fact that we have been in this range for so long, retesting the highs of the last 6-8 months and we have yet to retest support, I anticipate movement to the downside. Two bullish order blocks below that line up with ket Fibs.
Trade closed: target reached:
That was so fresh and so clean

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