SPY Bullish Descending Wedge Formation
Updated
SPY looks to be forming a descending wedge. I will be watching closely for a break out of this wedge to go long.
Let's see how this plays out the next few days with potentially more stimulus being announced.
Let's see how this plays out the next few days with potentially more stimulus being announced.
Note
Will likely open a long position near 315 if this plays out as expected
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