ProfitHarvest

[SPX] Peak Downtrend Channel Still Fckin Sht Up As Predicted!

Corto
SP:SPX   El Índice S&P 500
What a beautiful, strong and tight channel we have here guys, we ended right at the bottom of it! And also right above the Downtrend Channel Horizontal S/R (orange).

This is wedging hard at this point and orange is just a local S/R so it'll give easy but yellow is a badass, it's either gonna let Price through and launch it down or Price will bounce here and break the Peak Downtrend Channel (before crashing back down under a few days, maybe a week later).

The real highlight of my day was Price exactly kissing that yellow line (5Y trend) I laid down months ago B).

Was a close call today, going under that line would be deadly, but Price managed to climb right back into the channel apparently due to a nicely timed Big Money cash infusion (Retail couldn't hold it themselves).

Monday should be fun!

My Sept. 28th OG Peak Downtrend Channel idea aging like a fine wine...

Data analyst with a passion for best fit lines B)
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