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WadeYendall

SPY 320 might be in the cards...or not

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
WadeYendall Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Trend Analysis
12
0
chartpattern trendanalysis
SPY broke the ascending triangle and looks ready to test the top of the longer term rising wedge.
A reversal off the wedge may send us back to the 290's, but a break and hold above could take us to 320 or higher.
I guess this week of big earning and FOMC may give us an answer.
Comment:
Was calling for 320 or higher. I guess we got higher!

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