S&P 500 IndexLong
battle of the wedges
Updated
a long-term bearish wedge and a short-term bullish wedge combine
note that today there was a re-test of the bearish wedge and also of the long-term trend line
staying above here keeps the bullish wedge in play, for a run at the gap and the top of the wedge
getting below for too long = trouble
I lean bullish, failing to fill this gap would just be a sad story
note that today there was a re-test of the bearish wedge and also of the long-term trend line
staying above here keeps the bullish wedge in play, for a run at the gap and the top of the wedge
getting below for too long = trouble
I lean bullish, failing to fill this gap would just be a sad story
Note
have some small positions in short term calls, let's see
Disclaimer
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.