SPY 7/18/22 Iron Condor/ Butterfly

Spy on the 15 min chart is showing a triangle, and a bullish pennant. Iron Condor and Butterfly’s have been collecting bank while it bounces around both strategies. Should continue to be like this until the FOMC which is July 26-27th. Personally bearish for the FOMC.
Chart PatternsFundamental AnalysisTrend Analysis

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