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BlackisKing

SPY - Bullish Megaphone Pattern

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
BlackisKing Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators Chart Patterns spylong SPX (S&P 500 Index) S&P 500 (SPX500)
7
5
trendanalysis indicator chartpattern spylong spx spx500
Please do your DD.

Watch out for the bounce from the trend line which will confirm the bullish megaphone pattern and trap a lot of shorts.
But if it breaks the trend line to the downside then we could be going down to 2000 on SPY

Be careful out there and do your DD before investing.
Trade active:
 
Comment:
Last bull stop. if it breaks then we are going to the lower bounds.

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