$SPY Falling Wedge Pattern

21 May 2022

This is an alternative chart analysis. SPY could possibly be in a falling wedge pattern. If that is the case I would be looking for something between 415-425 over the next month or so, possibly sooner. And then start the fall to 350-370. This of course would be really bullish long term and would be an amazing buy the dip opportunity for SPY and the rest of the indices.