SPY Inverted Ascending Scallop
Inverted Ascending Scallop with target at around 214 [(B-A)*.61 + C] and stop at point C.
Not sure about price buildup to the scallop, and yet to confirm pattern with a close above point B.
The downtrend prior to scallop may be a little small compared to scallop itself.
Pattern Info from (thepatternsite.com/aiscallop.html)
Not sure about price buildup to the scallop, and yet to confirm pattern with a close above point B.
The downtrend prior to scallop may be a little small compared to scallop itself.
Pattern Info from (thepatternsite.com/aiscallop.html)
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