AMEX:SPY   SPDR S&P 500 ETF TRUST
Beware of obvious patterns-
-H&S is the one of the most reliable patterns of all just slightly less than Flags/Pennants with an average breakout of 5%
-actually kind of like the slant and imperfection of this pattern-- makes it less obvious and less likely to blow up

Still waiting for large position entry SHORT, hoping for top of trading range with false breakout for short entry. the SPT turnt within a few penny's--- that tight of a pivot point means-- SIZE LARGE

Entry points-- regardless of variation-- entry would be around $262 at bottom of pattern or above $269 breaking short term Swing high

Variations

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