Lilbuddadude

SPY potential drop to 400

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY still hanging on in this new downward channel.

Dojis on the 2/3 hour chart at top of channel and formed a rising wedge on the 30 min.

Volume very low as price has gone up past couple of days!

I think 400 is a very possible target for SPY this month
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