Sudden Market Crashes don't happen all the time but this time feels very close to 1929 and 1987 Market Crashes. Look at the examples bellow. They all have Bearish Rising Wedge that broke down and retraced with another Bearish Rising Wedge. If this Idea is right we should find out very soon(within 2 weeks). Long term debt cycle repeating it self.....
Trade active
We are retesting the wedge that we broke down from (coincides with the 200MA).. If we find resistance we gonna head lower and Volume will pick up. Some news must be pending. Or everyone one waiting on the Large companies to report nest week. Let see what that might be...Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.