SPDR S&P 500 ETF Trust
Short

Megaphone target reached

345
Hi!

So the target point of a megaphone pattern AKA a broadening wedge pattern, is 60% of the pivot length on a bullish breakout.
As shown in the chart, that point has been reached.

People keep saying yes but we are in a leading diagonal, but IMO we cant say that. leading diagonals are extremely rare. i think the time of tanking is upon us. and maybe sooner then we expect.

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