the SPX is close to overload, its simple to see at RSI and stoch. But i see the possibility of the formation of an ascending broadening wedge pattern. If correct, the idea is as clear a prolonged downtrend and the levels, still a little fuzzy I think that would be:
Target 1: 1950
Target 2: 1850
Target 3: 1750
Target 4: 1700
it seems bird of ill omen
comments, suggestions, corrections: They are always welcome
Trade active
The reaction level was more high than the expected, but the price is weakening, maybe this year we have a santa's micro rally. Nonetheless the pattern is confirmed by the apparition of a ascending wedge.
good luck
Note
The ascending broadening wedge works, and then now meaby are in the same situation, close to the cliff.
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