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SPDR S&P 500 ETF TRUST
Short

What has happened before will happen again.

By aipine
An interesting view of the past, this snapshot from late 2002 is eerily similar to what we are currently observing with SPY. Including a false breakout before a significant drop in value. Will we see a similar pattern play out in the coming weeks?

H/T MichaelJBurry on Twitter.
Chart Patterns
aipine

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