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Glewis54

Successful Inverse H&S test on SPY

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Glewis54  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) Inverse Head and Shoulders
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trendanalysis chartpattern spy spx inverseheadandshoulders
While many are confused on which way the market will go next, there does appear to be an inverse head and shoulders pattern already developed in SPY. Friday's down draft merely tested (and held) the breakout level.

Next stop, 278
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