Princessgirl

The SPY will be going down shortly …

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
A triangle is forming indicating a move upward or downward shortly. The move can take place within 2/3 or the triangle to the tip.

Due to the weekly indicators crossing last week, indicating a downward movement, I suspect a downward movement. But I am not ruling out an upward movement.

The move should take place between now and within the next month.

This move down will be a relatively brief move down before the market continues up until the US election at the end of the year.

Happy trading!
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