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Doge_Dean

SPX falling wedge?

Long
S&P 500 Index (SP:SPX)  
Doge_Dean  
SP:SPX   S&P 500 Index
Chart Patterns S&P 500 (SPX500) Falling Wedge
3
0
chartpattern spx500 fallingwedge
Potential relief rally from technical pattern in play. Could see upside to gap fill. Although I think rallies will be faded.
Whichever way the price breaks out of the wedge will suggest short term direction.

I'm bearish overall but following the 5 red days, a short term is imminent. OR, capitulation time.
*not financial advice.
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