rbrodriguez

Bearish Wedge

Short
rbrodriguez Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The graph shows a bearish wedge pattern, it has one support line and a rupture line, which have contact 3 times and 2 times respectively till the breakdown. The profit that is expected is measured by the height of the wedge.
Comment:
To watch the bearish wedge zoom out and go to 2017-10-24
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