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SPDR S&P 500 ETF TRUST
Long

SPY bull penant breakout

By axelroark
Updated
SPY consolidating into a penant flag with potential to breakout. Target 267.
Note
Small breakthrough into close. AH breakthrough secondary wedge. Expect near target end of 1/24/19 trading day.
Trade closed: target reached
If you got in this trade when I posted this chart, you would've had the chance to close at 265.60, or keep riding Friday morning action to actual target. Closing as successful trade idea.
Bullish PatternsChart PatternsFLAGpenantSPDR S&P 500 ETF (SPY)
axelroark
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