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SPDR S&P 500 ETF TRUST

SPY weekly - major rising wedge exhausting - 1/4/2017

161
Last time the wedge exhausted, SPY dropped about 12%. It is at it again. So be prepared (buy protection). I fear when everyone cheers.
CosmicDust
SPDR S&P 500 ETF (SPY)

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SPDR S&P 500 ETF (SPY)
CosmicDust

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.