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The Difficulty With Market Geometry

|Includes:SPDR S&P 500 Trust ETF (SPY)

With market geometry one has the ability to choose what time frame is used. Each will produce different results. For days the weekly charts have indicated that the S&P is at a probable top.

Smaller time frames tell a different story.

(click to enlarge)Click to enlarge

Disclosure: I am short SPY.

Stocks: SPY