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S&P 500 Index
Long

SPX500USD: Partial Decline With Two Bullish Harmonics

By RizeSenpai
We have a Bullish Gartley on the 30 Minute and a medium sized Bullish Shark on the Daily within the local range above the support zone. If we can trade back above the zone marked in the white box on the bottom right chart we will likely reconfirm our partial decline from there and breakout of the overall Descending Boradening Wedge and go for Macro Targets between the 1.13 and the 1.618 Extension of the previous Local High to Low which would take us to the Halfway and Full Measured Moves of the Descending Boradening Wedge Respectively.
Bullish GartleyBullish SharkChart PatternsDescending Broadening WedgeHarmonic PatternspartialdeclineSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
RizeSenpai
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