[SPXL/SPX x SPX] SPXL Megaphone Puts SPX Megaphone to Shame!
SPXL Megaphone pattern is broader and what's worse is that Price only made it just over HALFWAY back up rather than all the way back to the top again as SPX achieved.
Now SPXL Price is barely hanging on at dead center of the Megaphone and the trend here is overwhelmingly more BEARISH than the SPX trend would suggest.
I pegged these two starting from the first peak in the megaphone. Another reason I'm looking for much more downside to come.
Now SPXL Price is barely hanging on at dead center of the Megaphone and the trend here is overwhelmingly more BEARISH than the SPX trend would suggest.
I pegged these two starting from the first peak in the megaphone. Another reason I'm looking for much more downside to come.
Catatan
This is what the start and end of a decade long bull run looks like...
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
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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.