SPY Bear Flag Forming Up to Fill Gap

By DaddySawbucks
Updated
Chart says all. Gaps tend to get filled. After that... hmmm.

Trade at your own risk this isn't advice, just a half-baked idea...
Trade active
Gosh the prices moved to fill in my chart, just a lucky guess; and yet another gap formed and filled intraday 12-11... sure looks bearish. GLTA
Trade closed: target reached
Got 253.5 in Monday trade. .382 Fibo retrace > 260; .50 > 263. .62 would be optimistic IMHO would get 266.
bearflagsChart PatternsgapfillTrend Analysis

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