Princessgirl

Downward movement after Fed Decision

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Princessgirl Atualizado   
AMEX:SPY   SPDR S&P 500 ETF TRUST
There is a triangle forming. The indicators are showing that there will be downward movement. I suspect it will hit 61.8% Fibonacci retracement, but essentially it could go lower than that.
Trade fechado manualmente:
I should have updated this last night but I was tired. This is WRONG! There is no triangle here. I looked at the weekly indicators and they are showing a downward movement already so we may see the SPY decline before the fed meeting with the Fed meeting being positive and creating an upward movement.

But this chart is wrong so I will close it. I will possibly create a new chart in the future.
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