SP500 Trendline and Triangle Setup
We are currently testing the SP500 trendline (red) but on the shorter timeframe it has also developed a triangle pattern (blue).
Looks like its setting up for a big move, with the VIX at its lowest levels since January 2021 there is a lot of complacency which could lead to a quick reversal and continuation of the downtrend although will focus on the triangle for a short term setup
Looks like its setting up for a big move, with the VIX at its lowest levels since January 2021 there is a lot of complacency which could lead to a quick reversal and continuation of the downtrend although will focus on the triangle for a short term setup
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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.
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.