This is my analysis of the market, specifically the S&P 500. Indicators and fundamentals that point to a massive drop. The formation identified is called a Broadening Formation (aka Megaphone Formation)
Here's the link to better explain the formation in detail - investopedia.com/terms/b/broadeningformation.asp
As stated in the video, if you have a difference of a opinion, I would love to hear it and learn how you got there. I'm always willing to learn something new.
Here's the link to better explain the formation in detail - investopedia.com/terms/b/broadeningformation.asp
As stated in the video, if you have a difference of a opinion, I would love to hear it and learn how you got there. I'm always willing to learn something new.
As always, please let me know if you see something I didn't catch.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
As always, please let me know if you see something I didn't catch.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.