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DHLawrence

SPY - DOUBLE SHARK!

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
DHLawrence  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Beyond Technical Analysis SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500)
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trendanalysis chartpattern beyondta spy spx spx500
This pink pattern is a bearish reversal sign called a shark nentar.

What happens when they start compounding? I can't imagine they cancel each other out... ???

The first one happened out of ATH territory. The second one is well below ATH... and just behind a huge bearish reversal Doji Called a shooting star, on the daily.

Good Luck!
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