lonnobee

Spy Bearish Wedge (short term thoughts)

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AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY
A quick look at the current chart (daily timeframe w/a quick look at 5min intraday price action), with an emphasis on bearish pressure from TA perspective.

I have puts expiring this week, anticipating a move down based on technicals.

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