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SPDR S&P 500 ETF TRUST

SPY Rejected Critical Top Pitch Fork

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I been around long enough to see this scenario happen back in the 2007 Bear Market. We actually went up just enough today to create a bull trap. This might still be the top of a Bear market Rally. If we do break out of the pitch fork, I will join the bulls as we make new highs. We are right there where anything can still happen in this market. Be careful.
GUMBY9662C
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Chart PatternsHarmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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Chart PatternsHarmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
GUMBY9662C
Also on:

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.