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dereckcoatney

SPY Rising Wedge for the Bears

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
dereckcoatney  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns SPDR S&P 500 ETF (SPY)
11
7
chartpattern spy
I know that last puch up was so painful for the bears, but there are two silver linings for the bears:

1) it closed a very narrow gap from a couple of days ago and

2) it produced a bearish rising wedge (even more clear on a 5 min chart

Hang in there bears!
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