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ProfitHarvest
Sep 17, 2020 11:55 PM

[SPX] Wedging Into Bottom Half of Local Down Channel... UH OH! Short

S&P 500SP

Description

This orange horizontal trend channel is pretty powerful.

Probably this mid-channel downtrend and local trend channel wedge will spike price back again to the channel top before it reverts back to the mid-channel and 5Y trend wedge where it'll finally break under.

I expect this to break downward around the 22nd, in line with the UVXY S/R convergence...
Comments
twinkel-star
Oh,, lit's just amazing task... I really like it..Thanks
PolarHusk
amazing work! thanks
LeonardoCasper
Amazing
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