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Dr_Roboto
Aug 26, 2020 7:56 PM
S&P 500 rising wedge reversal pattern for corrective wave B
AMEX:IVV
1W
iShares Core S&P 500 ETF
Arca
Description
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Aug 26, 2020 7:56 PM
Looks like a rising wedge reversal pattern indicative of a wave B correction, see Oct 2018. Note the massive momentum in the MACD and RSI reaching overbought level just like 2018.
Trend Analysis
Wave Analysis
SPX (S&P 500 Index)
DJI
NASDAQ 100 CFD
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