The 30 Minute S+P 500 Chart this afternoon,
shows a "Bearish Momentum Crossover" on the KST Indicator.
The technical price pattern is a "Rising Wedge",
higher highs, lower lows,with the Apex point in this pattern
occurring by the end of this week, which coincides with the end of 2023/Beginning of 2024.
The potential for a "downside break"in this wedge pattern is now heightened !
You should be alert to the possibility of a sharp downside reversal in the US stock market
once bullish traders have been completely "suckered" into the market near all time highs.
SPX Last 4775.89
THE_UNWIND
WOODS OF CONNECTICUT
shows a "Bearish Momentum Crossover" on the KST Indicator.
The technical price pattern is a "Rising Wedge",
higher highs, lower lows,with the Apex point in this pattern
occurring by the end of this week, which coincides with the end of 2023/Beginning of 2024.
The potential for a "downside break"in this wedge pattern is now heightened !
You should be alert to the possibility of a sharp downside reversal in the US stock market
once bullish traders have been completely "suckered" into the market near all time highs.
SPX Last 4775.89
THE_UNWIND
WOODS OF CONNECTICUT
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.
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.