TomPip
Long

Happy new year & ATH setup - Big thanks to Draghi

AMEX:SPY   SPDR S&P 500
spy
Possible pennant forming. Looking for an entry at the pennant support.

This will be a manual entry and not a bracket order. The idea is to see if price is indeed forming a pennant here.

Setup on chart. I will update if i enter and when i exit.

* This setup is made possible by Draghi and his goal to achieve EURUSD             parity. Thanks, dude! Merry Central Bankmas!
Comment: I think this setup will be invalidated by a sooner than expected breakout up.
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