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Rising wedge/ downward trend
US 100 Cash CFD
Short
Rising wedge/ downward trend
By lukeadamm
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May 24, 2023
5
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May 24, 2023
The top of our rising wedge has been hit on the daily, while our downward trend on the weekly has also seen resistance.
Another theory to look into is our Elliot wave analysis which indicates a whopping 50% drop from ATH’s.
What do you guys think, is the market crash over? Or just beginning?
Chart Patterns
Trend Analysis
Wave Analysis
lukeadamm
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