Get started
SebastienYC_FR

Bulkowski's Ascending Broadening Wedge

S&P 500 Index (TVC:SPX)  
SebastienYC_FR Updated   
TVC:SPX   S&P 500 Index
Chart Patterns SPX (S&P 500 Index) S&P 500 (SPX500)
1
0
chartpattern spx spx500
Statistics :
Breakout Downward 73% of the time.
Overall performance rank for up/down breakouts (1 is best): 6 out of 23; 14 out of 21
Break even failure rate for up/down breakouts: 2%; 11%
Average rise/decline: 38%; 17%
Throwback/pullback rate: 50%; 57%
Percentage meeting price target for up/down breakouts: 69%; 58%
Comment:
Update : we could have a false breakout above 2542. If prices reintegrate, we could retest bottom range ~2440
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.