merkd1904

Rising Wedge Break, Retest(ed)

AMEX:SPY   SPDR S&P 500 ETF TRUST
Rising wedge paired with the RSI divergence may be playing out after all. Successful restest which is normal market behavior. We'll see how it plays out. If this does continue to play out watch for the key levels. 273.50 --> 264 --> 246 --> 218. Measured target is $246.

Good luck and good trading.


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