SPX forming a bear wedge (in green) which might lead to another leg down further developing this nice rounding top. However, I think as it would head back to the 2600 region, getting plenty excited for a retest of crisis lows it would break out and continue recovery. I posted a similar chart on LTC a while back and it too ended up breaking out of the n shape and going on a nice run
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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.