ryanchai
Short

SPY DESCENDING TRIANGLE - POTENTIAL BEAR TO COME

AMEX:SPY   SPDR S&P 500
Descending triangle formed in D1 chart.
Trigger only if price break and close below Key Support Level at 212.
Suggest: Trigger = 2115. Bear Traps. Target = 200 day. It will break down, but could take 10 weeks (January). Market has topped.
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Good Spotting of Descending Triangle Pattern !
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