Veuvee

Parabolic Move before Blow off top?

Long
TVC:SPX   S&P 500 Index
Seems like a retest of the top of the broadening descending wedge seems fair, taking into account that the market would reach 4.236 fib extension at around +4400 - might move a bit higher with massive market euphoria, then drop drastically afterwards.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.