JTI96
Short

Wedges Everywhere...

AMEX:SPY   SPDR S&P 500 ETF TRUST
Broke through the wedge yesterday on high volume (thanks fed). Now in order to validate that the pattern was valid, a retest and failure of the wedge is needed. That retest has all but taken place this morning. Now we wait.... No fear shorting unless this thing somehow actually can get above the red trendline and close there.

*NOT Recommendations, ALWAYS Do your own trade analysis!*
Comment: Looks like the market just remembered how Trump pretty much told us more tarrifs were coming earlier this week....

Comments

Solid channel !
+1 Reply
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