S&P 500
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SPX 500 analysis

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I posted a graph on a higher timeframe before we had a decent drop in all markets:
S&P 500 index Rising wedge


And I still stand by that, but on the lower timeframe, I see a falling wedge forming. The price action indicates to me that we are going to break up sooner rather than later, so this yellow arrow I have on my chart is somewhat what I expect :)
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Forgot to mention: We have created a lower timeframe downtrend. The first one since covid crash in march 2020
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Rejected as expected
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And broke as expected :)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.