SPY is forming an ascending wedge pattern. I expect SPY to do something similar to the above and throw over out of the wedge only to come crashing back through to start wave 3 of this 5th wave down.
Friday, January 16, 2009
More specifically something like this...
SPY is forming an ascending wedge pattern. I expect SPY to do something similar to the above and throw over out of the wedge only to come crashing back through to start wave 3 of this 5th wave down.
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