Get started
MechanicalEngineerTrader

The Spy has completed the full cylce...

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MechanicalEngineerTrader  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis SPDR S&P 500 ETF (SPY) QQQ VIX CBOE Volatility Index
8
7
trendanalysis spy qqq vix
We could see a huge fall here as the wedge is ending very soon, possibly next week. I would like to see the comments below on your thoughts of this. The reason I drew the line to last months top is because a true top, holds down for a few weeks like last month. the top we just made this week I believe is a false top.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.