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SPDR S&P 500 ETF TRUST
Short

SPY Backtest of the Rising Wedge breakdown yesterday.

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SPY broke the rising wedge yesterday and is backtesting the trendline today. The backtest has clearly failed and has caused almost a percent drop from today's open.
mproger
backtestbacktestingChart PatternsTechnical IndicatorsRising WedgeSPDR S&P 500 ETF (SPY) spyshortTrend Analysis

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backtestbacktestingChart PatternsTechnical IndicatorsRising WedgeSPDR S&P 500 ETF (SPY) spyshortTrend Analysis
mproger

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.