SPY PLAN FOR 2023
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A descending broadening wedge is a bullish chart pattern in trading that is said to be a reversal pattern[1][2]. It is formed by two diverging bullish lines, with good oscillation between the two upward lines[1]. This pattern is an indication of a long-term trend reversal in the market[2]. It is one of six broadening wedge patterns that can be identified on charts and used as part of a successful trading strategy[3]. The Wedge pattern can either be a continuation pattern or a reversal pattern, depending on the type of wedge and the preceding trend
A descending broadening wedge is a bullish chart pattern in trading that is said to be a reversal pattern[1][2]. It is formed by two diverging bullish lines, with good oscillation between the two upward lines[1]. This pattern is an indication of a long-term trend reversal in the market[2]. It is one of six broadening wedge patterns that can be identified on charts and used as part of a successful trading strategy[3]. The Wedge pattern can either be a continuation pattern or a reversal pattern, depending on the type of wedge and the preceding trend
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