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Teklologist

SPX: Breakdown of riding wedge?

Short
Indice S&P 500 (SP:SPX)  
Teklologist Aggiornato   
SP:SPX   Indice S&P 500
Chart Patterns Wedge S&P 500 (SPX500) SPX (S&P 500 Index) spxshort spx500short SPDR S&P 500 ETF (SPY) spyshort
3
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chartpattern wedgepattern spx500 spx spxshort spx500short spy spyshort
Abcde labels are unnecessary but used them to identify points. This is very bearish given the wedge began after the significant drop in Dec 2018. Might signal the continuation of a Bear market.
Commento:
Though, here’s a case for the bulls.
snapshot
Commento:
Safe target?
snapshot

Idee correlate

Teklologist
SPX trade idea: Capitalizing on the potentially impending drop
Teklologist
SPX Bull and Bear scenarios: EW, Fib
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