d-seven

Owner of GrokTrade: Looking for SPY to bounce from trendline

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
I will be long the market, once again, if we get a bounce off this important trendline. HOWEVER, I expect the next upleg to be short-lived as this is a rising wedge formation, which is largely much more bearish than bullish.

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