Rising wedge will break. Expect >5% correction on S&P500 before continuing upward trend. Hedge your positions.
Congrats to all who acted on my last post about the 3rd rising wedge about to break in April and see a 5-7% retracement. The rising wedge shown here has a lot more downside potential. This can probably break down today or next week at the latest. Good luck!
2 previous rising wedges saw a 6-7% retracement. I expect the current wedge to break shortly. Could fall anywhere between 2720-2800 in next few days
Up day today and down next week target 262