Sla1984

SPY - Falling Wedge on the Weekly

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Noticed this pattern on the charts. Even though market conditions aren't great, this bullish pattern seems to be in play so far. Also bounced from a congested area which was formed when the market crabbed for approx 2 months this time last year.

worth watching.
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