tristan.rhodes

Breaking down from Bearish pennant?

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AMEX:SPY   SPDR S&P 500 ETF TRUST
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This is my first attempt at a 1-minute idea.

Step 1: Publish the chart to record current condition.
Step 2: Enter text within the 15 minute editing time-frame!

The market has coiled up nicely, consolidating from the big drop. It appears to be a breaking down, but keep a stop above yesterdays highs (196.07).

Good luck!

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