SP500 Trendline and Triangle Setup
We are currently testing the SP500 trendline (red) but on the shorter timeframe it has also developed a triangle pattern (blue).
Looks like its setting up for a big move, with the VIX at its lowest levels since January 2021 there is a lot of complacency which could lead to a quick reversal and continuation of the downtrend although will focus on the triangle for a short term setup
Looks like its setting up for a big move, with the VIX at its lowest levels since January 2021 there is a lot of complacency which could lead to a quick reversal and continuation of the downtrend although will focus on the triangle for a short term setup
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.