SPX ascending broadening wedge pattern

25 Okt 2015

the SPX is close to overload, its simple to see at RSI and stoch. But i see the possibility of the formation of an ascending broadening wedge pattern. If correct, the idea is as clear a prolonged downtrend and the levels, still a little fuzzy I think that would be:

• Target 1: 1950
  
• Target 2: 1850
  
• Target 3: 1750
  
• Target 4: 1700
  

it seems bird of ill omen

comments, suggestions, corrections:
They are always welcome

3 Des 2015

Trade aktif

The reaction level was more high than the expected, but the price is weakening, maybe this year we have a santa's micro rally.
Nonetheless the pattern is confirmed by the apparition of a ascending wedge.

good luck

11 Apr 2016

Catatan

The ascending broadening wedge works, and then now meaby are in the same situation, close to the cliff.