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Ecantoni
Mar 18, 2014 1:40 PM

SPY 60 min shaping three peaks and a domed house Short

SPDR S&P 500 ETF TRUSTArca

Description

The pattern is almost perfect. However, if it plays out correctly the decline wont be a straight line, assuming 10 as potential tgt. The roof has been built on the Ukraine Crisis and the Russian invasion of Crimea. Whats left? A catalyst to pull down this domed house of cards.
Comments
CoinedByCrypto
It's been a long time since i've seen anyone using this pattern... fail the last time we had the chance in SP... but does look ready to pan out this time.
drbooty
my .618 rectracement is at 187.24. if it breaks it it could be a bull day
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