Snoopy-Typing-Away-1-CVV14J0D95-1024x768

spy

Well the chart pattern was busted. That for a rule based trade should mean that you have been stopped out. Is this an argument for a short position? Potentially on a closing price, but I don’t see it yet. Possibly I am blinded. I still see the long trade working out, and this break, a false break down.

If the bulls are to potentially win, then there needs to be a strong closing price with some momentum.

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