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gowithetf

SPY 15 min chart - head & shoulders?

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SPDR S&P 500 ETF TRUST (BATS:SPY)  
gowithetf  
BATS:SPY   SPDR S&P 500 ETF TRUST
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The SP 500 15 minute stock chart could be setting up a head and shoulders formation. If this were the case, we would see the right shoulder at $150.69 and a retracement to the neckline $149.40. The height of the head, as measured from the neckline to the head, is our target for the plunge below the neckline. That would have the ETF SPY at $147.75
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