The SPY will be going down shortly …

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!
Chart PatternsFundamental AnalysisTechnical Indicators

免責事項