moneyflow_trader

Multiple cup/handle patterns

BATS:SPY   SPDR S&P 500 ETF TRUST
This is something I'm monitoring going into Friday. 474.50 needs to hold as support from the previous cup and handle breakout. A bad report, could invalidate the support. The bullish sentiment carrying over from the previous c/h, to the larger time frames. This pattern is also similar to the multiple c/h patterns on Tesla. Wait for confirmation of the breakout. Although I'm bullish on tech. Not trading advice, think of this as a guide. Cheers
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