SPX falling wedge?
Potential relief rally from technical pattern in play. Could see upside to gap fill. Although I think rallies will be faded.
Whichever way the price breaks out of the wedge will suggest short term direction.
I'm bearish overall but following the 5 red days, a short term is imminent. OR, capitulation time.
*not financial advice.
Whichever way the price breaks out of the wedge will suggest short term direction.
I'm bearish overall but following the 5 red days, a short term is imminent. OR, capitulation time.
*not financial advice.
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