SPY Bear Flag Forming Up to Fill Gap

Chart says all. Gaps tend to get filled. After that... hmmm.

Trade at your own risk this isn't advice, just a half-baked idea...

Trade ativo:

Gosh the prices moved to fill in my chart, just a lucky guess; and yet another gap formed and filled intraday 12-11... sure looks bearish. GLTA

Trade fechado: objetivo atingido:

Got 253.5 in Monday trade. .382 Fibo retrace > 260; .50 > 263. .62 would be optimistic IMHO would get 266.