Interesting Formation

SPCFD:SPX   S&P 500 Index
173 0
Interesting to find these three major trend lines intersecting at this point in time on a log scale monthly SPX chart. For some reason I feel this intersection is significant notwithstanding the fact that we poked through the upper portion of the formation. I have a small SPY short position on right now even through I do not usually trade in the opposite direction of the market, more of a speculative play just for fun...
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out