SPY - Falling Wedge on the Weekly
Noticed this pattern on the charts. Even though market conditions aren't great, this bullish pattern seems to be in play so far. Also bounced from a congested area which was formed when the market crabbed for approx 2 months this time last year.
worth watching.
worth watching.
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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.