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DemonKing99

Market wants to move higher and then rupture to feed its babies.

SPDR S&P 500 ETF TRUST (BATS:SPY)  
DemonKing99  
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Not a Financial Advice!

  1. This idea invalid- If pattern fails to break to the upside.
  2. We could see moving sideways before breaking to the either side.
  3. Tug of War- Whoever wins will move the market.
  4. My Personal opinion- Market is ready to push in the upward movement provided it stays above $480. Maybe a little break to the upside, retest the level and continue to follow its path.
  5. Good Luck!
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