evanwest

SPY: The Blowoff Is Here

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BATS:SPY   SPDR S&P 500 ETF TRUST
After negative market sentiment a selloff has been expected for a while.

Head and Shoulders pattern has completed with a break of the neck line.

Significant break of several year long supply lines, along with consolidation in these zones.

Price action has begun pushing downwards and I expect this to continue.
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