SPY - Bullish Megaphone Pattern

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Please do your DD.

Watch out for the bounce from the trend line which will confirm the bullish megaphone pattern and trap a lot of shorts.
But if it breaks the trend line to the downside then we could be going down to 2000 on SPY

Be careful out there and do your DD before investing.
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Anmerkung
Last bull stop. if it breaks then we are going to the lower bounds.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spylongTrend Analysis

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