Rising wedge on S&P. Patiently waiting for a breakdown or more clarity, adding to short on larger bounces. Highly unlikely will breach the red slope which acted as a strong support on the way up until price broke it down, so might be retested (HPS) and give us another wave (5th) before dumping more. Could also form a double top, watching closely!
Chart PatternsS&P 500 (SPX500)Trend AnalysisWave Analysis

Related publications

Disclaimer