lalo.daman

When it comes to broadening wedges...

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BATS:SPY   SPDR S&P 500 ETF TRUST
SPY Here we have a few broadening wedges. The last 2 were descending and SPY blasted off to new ath highs. Now were in a ascending wedge and sitting at 514. We have a few big name ERs that can put us back on the path to new aths but I think we are heading back to 480 by July based on the previous wedge behavior, and long support and resistance.

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