SPX is now in a falling wedge after the H&S pattern. Looks like it found support at the top of the tiny gap. Monday we could fill the gap then break out of the falling wedge for a short Santa Rally. Then a much Larger decline in a Elliot Wave Three . Might just be a New Year Sell Off.
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.