S&P 500 has gone up around 14% in less than a month.
From the 4hr chart, we could see that a rising wedge is forming.
Right now, S&P 500 is at resistance.
From what we know, rising wedges tend to break downwards, we could expect it to break downwards in the following days.
Disclaimer: This is not a financial/trading advice.
Part 1:
cryptovan168
From the 4hr chart, we could see that a rising wedge is forming.
Right now, S&P 500 is at resistance.
From what we know, rising wedges tend to break downwards, we could expect it to break downwards in the following days.
Disclaimer: This is not a financial/trading advice.
Part 1:
cryptovan168
Note
look for nearest support
Note
Update:Bear pennant formed.
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.
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.