Indice S&P 500Short
SPX Rising Wedge since 1985
Well kind of self explanatory title really - as well as a self explanatory chart.
I connected the 1987 high, the 1999 high and the 2020 high together - and what do you know lke magic it appears as though we are poised for a move down.
Hell you could count the 1987 high as wave 1, the 1999 high as wave 3 and now we are completing an extended 5th wave here but I'm no EW expert.
Let me know what you think!
I connected the 1987 high, the 1999 high and the 2020 high together - and what do you know lke magic it appears as though we are poised for a move down.
Hell you could count the 1987 high as wave 1, the 1999 high as wave 3 and now we are completing an extended 5th wave here but I'm no EW expert.
Let me know what you think!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.