S&P 500 breaks down out of rising wedge

Updated

Looks like it broke down out of the wedge and is now closing the gap to retest the wedge. Watch to see what it does next. If technical analysis still works, then the S&P is look to start a correction lower, but how much is still TBD. Maybe a massive case of buy the rumor and sell the news for the stimulus?

snapshot

Note

Back in the wedge but just barely

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