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SPDR S&P 500 ETF TRUST

What will happen when the rising wedge breaks?

171
I 100% do not want to bet up or down as of now. Everything is too risky unless we were to confirm one way or the other with rising rates, increased taxes or something big announced. RSI levels are not insanely oversold as of now. We could do a massive breakout, followed by then the massive crash...
MechanicalEngineerTrader
Chart PatternsTechnical IndicatorsnasdaqSPDR S&P 500 ETF (SPY) Trend AnalysisUVXY

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Chart PatternsTechnical IndicatorsnasdaqSPDR S&P 500 ETF (SPY) Trend AnalysisUVXY
MechanicalEngineerTrader

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.