$SPX Broadening Wedge - Rising Wedge - Possible H&S - Weekly

Broadening Wedge partial fall to F would be bullish. Currently, we are at the bottom trendline of a rising wedge so expect a slight bounce in the next day or so. Very soon, we should fall out of the rising wedge retest the trendline and fail. Judging on other stocks I've charted such as CIT (see below) we could move into an H&S. I expect we could fall down to $2,538.00 and then see a reversal to the upside.

MACD, RSI, and OBV all show bearish divergence.

Weekly chart SPX

https://www.tradingview.com/chart/CIT/a0G56th7-Cit-Group-CIT-The-Rising-Wedge-H-S-Death-Combo/