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ryanchai
Oct 31, 2016 3:05 PM

SPY DESCENDING TRIANGLE - POTENTIAL BEAR TO COME Short

SPDR S&P 500 ETF TRUSTArca

Description

Descending triangle formed in D1 chart.
Trigger only if price break and close below Key Support Level at 212.
Comments
tradeBob1
Suggest: Trigger = 2115. Bear Traps. Target = 200 day. It will break down, but could take 10 weeks (January). Market has topped.
Harsha_Kumar
Good Spotting of Descending Triangle Pattern !
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