falling wedge, the PCCE is back above .9 justifying the heavy imbalance leaning towards sell pressure. most of the time sellers will get exhausted and a squeeze will appear to the the upside. covid, war, corruption the media will create fud.
spx has been down trending for 45 days since it’s last ATH @ $4815.23 dropped about 12% at its low where typically we have 10% corrections. if bottom here it could potentially go back to its .618 retracement $4588.85. if we flip this resistance, it can potentially go back to the .786 $4688.41 then try to look for new all time high above $4800
this could be a massive cup and handle retest. we all knew inflation is high i don’t see why that should change technicals
falling wedge above anchor vwap as well starting to breakout, with more volume we can see a significance bounce
massive cup and handle on the 4hr and above anchor vwap
spending bill was just passed, now we have another stimulus bill pending. our dollar is over extending due to other countries passing similar bills making their currency weak as well
4hr ascending triangle, making higher lows. has been slowly consolidating
bulldog formed then bullish pennate with bull div
FALLING WEDGE waiting for a breakout
BULLISH PENNATE BREAKOUT, RSI BULL DIV,
cup and handle on the daily. Still waiting on more merging news with VOLTA
falling wedge on the daily. Ive been waiting for a break to $5
ascending triangle breakout. Another crypto related stock that has been running.