[SPX] Lines to Watch
Nearing top of 1Y Peak Channel, already pushing Price away from a test.
If we do test, we may just break through and that'd be our meltup scenario.
If we don't test it or ultimately fail to break through, it's going down.
Either way, volatility odds lookin good.
If we do test, we may just break through and that'd be our meltup scenario.
If we don't test it or ultimately fail to break through, it's going down.
Either way, volatility odds lookin good.
Note
Wow, look at that! Came to rest exactly on the tip haha
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
Related publications
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.