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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.555-0.1%Nov 7 9:30 AM EST

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To: Bull RidaH who wrote (3731)3/7/2024 4:52:42 PM
From: Bull RidaH  Read Replies (3) of 4397
 
SPX - Patterns in the short term are highly bearish as well. The chart belows shows 2 symmetrical triangles that have broken UP out of, creating BULL TRAPS in the 5165 area. And for icing on the cake, an ENDING DIAGONAL's 5th wave (see "5" below) has completed at today's high. A break of the thick black rising wedge line currently at 5080 and rising will cement the coming avalanche.

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