Mulai
Dr_Roboto

S&P 500 - Bearish megaphone and rising wedge - Down day?

Indeks S&P 500 (OANDA:SPX500USD)  
Dr_Roboto Diupdate   
OANDA:SPX500USD   Indeks S&P 500
Trend Analysis Chart Patterns Wave Analysis SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) DJI
2
1
trendanalysis chartpattern waveanalysis spx spy dji
If I did the patterns correct, then it is a rising wedge inside a bearish megaphone pattern. Also, not that the minor wave has hit is 1.6 fib level, which is another indicator that a correction is coming. The MACD is also so signs of reversal.
Komentar:
Completely unexpected jump in NASDAQ pushing S&P 500 higher. The bulls are not ready to throw the towel in yet.
Komentar:
It really wanted that 1.382 fib level. All that happened today (so far) is that it raised the resistance level a bit. It is still a bearish rising wedge. I wouldn't rule out an end of the day profit taking drop.
Komentar:
small drop today. The NASDAQ made ATH but even that could not get the S&P 500 to ATH. I am still bearish. Market is not going to stop until S&P makes ATH. I bet it gets it done after hours for a morning gap up. Maybe then a rug pull?
Komentar:
I meant small profit take at end of day but the gap up was most of the day.

Ide yang Berhubungan

Dr_Roboto
VXX/VIX - Looking for move above resistance today?
Dr_Roboto
NASDAQ - Bearish megaphone inside bearish megaphone???
Dr_Roboto
S&P 500 waves (1W) since 1994 - Will correction take us to 2000?
Dr_Roboto about SPY 24
Dr_Roboto
S&P 500 - Rally to 3385 early afternoon before bottom drops out?
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.