Fed's year-end meeting: How it will reveal market trends!
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$SPDR S&P 500 ETF (SPY.US)$ We got the infamous "false break...
$SPDR S&P 500 ETF (SPY.US)$ We got the infamous "false break" of support yesterday, then catapulted upwards after a double-bottom. The symmetrical triangle is targeting a roughly 6.5 point move minimum. This could take us up to ~614, touching the main resistance line where we could see a decent correction, or down to ~596.50, which is the daily base line of the Ichimoku Cloud, from where we could see a nice bounce.
Derpy TradesBest of luck Cool Cats, and God bless!
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