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olijoel
2014年1月28日晚上7點04分
Triangle? Downward Movement Continues
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AMEX:SPY
30
SPDR S&P 500 ETF TRUST
Arca
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2014年1月28日晚上7點04分
Looks like a triangle formation, if so, the pattern suggest that downward movement should continue after termination of pattern. Using the amplitude of first impulsive wave (184 to 177), Fibonacci tool suggest price should go down to 166.89.
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