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mojeauxgrey
Sep 17, 2015 9:03 PM
SPY Rising Wedge - Near term (next week) bearish
AMEX:SPY
1D
SPDR S&P 500 ETF TRUST
Arca
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Sep 17, 2015 9:03 PM
Rising Wedge with a false breakout (algo/HFT related to FOMC) over 200
I suspect next week it will breakdown. I would actually put in a buy at ~187 or 183 with a stop at 181. Below 180 though we are looking at a Bear market.
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