ES, SPX - Santa Rally could trigger Cup & Handle pattern

10 Eki 2023

A strong end to Q4

Window dressing by fund managers who were underweight equities

would trigger a cup handle pattern

breaking the trendline of the pattern is around 4600 on the #ES

I could also make an argument for HVF pattern we have a high 3 in place

A recession will no doubt rear it's head at some point ...
but a blow off top first to hand bears a beating is definitely a scenario I have shared before.

20 Kas 2023

İşlem aktif

Approaching the neckline @ 4580

14 Ara 2023

İşlem aktif

New High's incoming.

7 Şub 2024

İşlem aktif

5005

22 Şub 2024

Not

5077

that time extrapolation interestingly puts us around the weekend of the 24th of August let's keep a mental note of that.

21 Mar 2024

Not

5310
MeltUp!

Adding +75% in under two years

wow well done Fed :)
Clowns

16 May 2024

İşlem aktif

a bullish engulfing candle on the monthly!

5 Haz 2024

Not

bullish hammering candles
up we go

12 Haz 2024

Not

new high's slow stochastics are locked in the trend
cold #CPI number

19 Haz 2024

Not

3.6% away from reaching the linear projection

10 Tem 2024

Not

green accumulation bars still

13 Eyl 2024

Not

5.5% away from recapturing new highs

19 Eyl 2024

İşlem kapandı: hedefe ulaştı

Linear target achieved.

7 Kas 2024

Not

Bullish engulfing on the weekly

12 Kas 2024

Not

stochastics appear to be embedding ...

3 consecutive closes - K&D above remember.

9 Ara 2024

Not

note the rising wedge..

#ES #futures #SPX

20 Ara 2024

Not

Target met
and fell out of the rising fallen wedge pattern :(

#ES #SPX #SPY

1 Oca

Not

#ES #SPX #SPY

backtest and fall away