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breaking the channel
SPY
, 60
Short
SPY: breaking the channel

one thing i don't like is ascending broadening wedges. often means one thing and that is what has risen must settle or consolidate for a while. looks to me like we have a bear flag also and death cross is going to appear in the one hour chart wich has not happened since the last of october. Not a pro and please give me ideas and inputs if you have any thoughts.

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