LeLaf

SPY: Ascending Triangle, confirmed (27.66%)

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hi all,

Another update on SPY.

1- New larger ascending triangle, confirmed,...
2- Golden Cross (Circled in blue).
3- Uptrend on 50MA and 200MA
4- 250RSI still above 50 and climbing
5- Recessions signs: None

PTs are:
PT#1 = 545$
PT#2 = 470$
PT#3 = 479$
PT#4 = All time high 547$

As always, stay humble, have fun, make money.

MAAX.
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