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Rookie398476049358670

The beginning of breakdown

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Rookie398476049358670 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns
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chartpattern
Wedge over-thrown is often the beginning of a breakdown, especially at the apex of the wedge.
Comment:
snapshot

Have to give the bulls credit. Break down may not be happening just yet.
Comment:
This one ended up a bad call (too early), but I still think we are heading back to below 2700 soon.
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