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SPY down but just trading within its current wedge pattern
SPDR S&P 500 ETF TRUST
(
AMEX:SPY
)
ratchet-mint
AMEX:SPY
SPDR S&P 500 ETF TRUST
Trend Analysis
Chart Patterns
2
0
trendanalysis
chartpattern
Although the SPY is trading down for the past month, this is still just following the broadening wedge pattern it has formed since the beginning of 2018. Sadly this pattern does not give much indication which way the SPY will go when it breaks out.
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