Trader_Mayhem

Double Top.... Not good

Short
Trader_Mayhem Aggiornato   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hey folks, we did say a few days ago that I thought this had a way down to go. Of course, I don't factor in news. I look at the chart exclusively. There's no way for me to predict upcoming CPI reports or Fed hawkish-ness, so I don't even try to.

But after the most recent meeting, I think the Double Top is in.
Price target is $382 for me.

Not financial advice, good luck to all!
Commento:
Price target of $382 has been reached.
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