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SPDR S&P 500 ETF TRUST
Short

Inverted SPY Multi wedge playing out !!!

By Gao_Capital
Updated
Inverted chart gives better perspective some time, looks like BIG move is pending in Nov.
Note
Clean breakout from the wedge.
Note
retested the upper trendline.
Note
bounced off lower trendline.
Note
back above upper trendline.
Bearish PatternsChart PatternsDOWFalling WedgeTechnical IndicatorsNQrussell2000SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) spyshortTrend AnalysisVIX CBOE Volatility Index
Gao_Capital

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