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DarthTrader1357

Bear Market - Evidence

Short
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
DarthTrader1357  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Trend Lines Triangle Elliott Wave elliotwaveanalysis Bearish Patterns Descending Triangle XLE SPDR S&P 500 ETF (SPY) QQQ
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trendline triangle elliottwaves elliotwaveanalysis bearish descendingtriangle xle spy qqq
This descending triangle in the most "bullish" of sectors - energy - seems to prove that we are in a bear market. The descending triangle seems to trade with a bearish elliot wave pattern for descending triangles as evidenced here:

thepatternsite.com/E...angleDescending.html

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