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SPDR S&P 500 ETF TRUST
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2X $SPY TP1 HIT! (SELLS FROM TRENDLINE)

Por twotimezinvestments
ON AUG.17th, I sent out the signal for spy to reject the trendline and fall more than 5%! The move was more than 5% and still running. On the 1HR there is a falling wedge, and it has broken out with a fake breakout, we will look to see if there is a retest then we could see a pullback to the $405 area. However, due to the volatility and speculation I am still heavily bearish!
Chart PatternsFundamental AnalysisSPDR S&P 500 ETF (SPY) spyshortStocksTrend Analysiswedgebreakout
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