SPDR S&P 500 ETF TRUST

Small(er) pattern extreme, with a larger still looming

On SPY We have just completed a "smaller" deep crab with a potential pullback as far as $477 or so with a larger deep crab that could take us to $560's if we hold this number. We have our first failure/pullback area recently completed. There is a lot of room to pull back.

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