Empiece
RizeSenpai

Bearish 5-0 Entry Below Ascending Broadening Wedge Demand Line

Corto
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
RizeSenpai  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Harmonic Patterns Chart Patterns Ascending Broadening Wedge Bearish 5-0 reciprocalabcd S&P 500 (SPX500) BTC
14
6
trendanalysis harmonicpatterns chartpattern ascendingbroadeningwedge bearish5-0 reciprocalabcd spx500 btc
Just Like BTC Did a Few Weeks Ago, The SPY has broken below an Ascending Broadening Wedge Demand Line and has formed a Bearish 5-0 at the tail-end of the breakout. The Reciprocal AB=CD PCZ of this Bearish 5-0 takes us to the 55% Fibonacci Retracement and that's where we closed today. If we get follow-through price action we should see the SPY Continue Downwards from here and perhaps fulfil the Measured Move of the Ascending Broadening Wedge and take us all the way back down to $344.43

Ideas relacionadas

RizeSenpai
The $SPY is Potentially Setting up for Another Short-term Bounce
RizeSenpai
Temporary Bounce in the SPY off the Moving Averages Incoming
RizeSenpai
Daily Head and Shoulders Pattern on the $SPY
RizeSenpai
Bearish 5-0 Entry Below Ascending Broadening Wedge Demand Line
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.