WizdomSeekerr

Breaking out of pattern

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Breaking out of pattern. Look at the last daily bar spiking up before FED announcement. Banks are all shouting recession coming... I think we break out hard on the massice put/call option spread that is currently exisiting.

Long a small position to bank on this move.
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