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Bearish 5-0 Entry Below Ascending Broadening Wedge Demand Line

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Just Like BTC Did a Few Weeks Ago, The SPY has broken below an Ascending Broadening Wedge Demand Line and has formed a Bearish 5-0 at the tail-end of the breakout. The Reciprocal AB=CD PCZ of this Bearish 5-0 takes us to the 55% Fibonacci Retracement and that's where we closed today. If we get follow-through price action we should see the SPY Continue Downwards from here and perhaps fulfil the Measured Move of the Ascending Broadening Wedge and take us all the way back down to $344.43

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