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aaronrtan

SPY Bearish Triangle Formation

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
aaronrtan  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators SPDR S&P 500 ETF (SPY) Triangle short Tesla Motors (TSLA) BA AAPL apple
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trendanalysis indicator spy triangle short tsla ba aapl apple
There is a bearish triangle in the play. It suggests a 8.4% move to $375 area. MACD D and double RSI (50 and 14) are confirming the downtrend. I think it will happen by end of March.

PS. Not a trading advice nor I am a financial advisor.
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