Having broken out of the descending broadening wedge pattern on the S&P 500 I think that now the most prominent pattern is an ascending triangle shown in thick red lines on this chart. This is a bullish pattern. A breakout from this triangle pattern could see the S&P reach new all time highs in 2023.
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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.