ratchet-mint

SPY breaks out upward after bullish wedge

AMEX:SPY   SPDR S&P 500 ETF TRUST
After forming a bullish wedge pattern yesterday, we see that upward breakout occurred with a rally in the early morning hours. This currently puts the stock price back into its longer term trading range. Its best wait the day out see what smart money thinks tomorrows direction will be.
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