S&P Rising wedge?
Updated
Purely hypothetical and for academic purposes only...
Lose the rising wedge. Retest resistance. Form a double top.
The target is where the rising wedge began.
around a 25% drop from the highs.
If recession in the USA is unavoidable. This may play out.
Lose the rising wedge. Retest resistance. Form a double top.
The target is where the rising wedge began.
around a 25% drop from the highs.
If recession in the USA is unavoidable. This may play out.
Trade closed: stop reached
Completely invalid. Rate cuts sent it to the moon. Liquidity floats all boat. It will crash soon though. Bear market will come when everyone least expects it. 
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