SPY bear Ascending wedge and bear flag.

SPY looks to have created an ascending wedge that started back in January of this year. Based on global economic conditions and recession indicators, it looks like there will be an aggressive sell off. Companies have started spending less although debt is cheaper than ever. I assume big players in the markets are stepping out before a bigger sell off emerges.
bearflagsBearish PatternsChart PatternsTechnical IndicatorsmanipulationrecessionSELLSPDR S&P 500 ETF (SPY) technicalTrend Analysiswedgebreakout

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