stockmarketdaytrader

Once again everything is going as technical analysis planned

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AMEX:SPY   SPDR S&P 500 ETF TRUST
This drop was well expected I don't know why everyone is in a daze of what happened. Actually nothing happened, well besides Syria, and trump and his wall. All the sellers seen this amazing technical signal that was produced on the daily chart, this is once again a text book trade with bears taking control because of technical analysis shown on the chart! As soon as the neckline got penetrated all the techies new look out bellow! Nothing was a surprise, price is doing exactly what its supposed to do, and the pattern shows that exactly! No guesses here folks! As soon as the break of the neckline happened you should of been out of the index and heading in the opposite direction!!!

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