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Teklologist

SPX: Breakdown of riding wedge?

Short
S&P 500 Index (SP:SPX)  
Teklologist Updated   
SP:SPX   S&P 500 Index
Chart Patterns Wedge S&P 500 (SPX500) SPX (S&P 500 Index) spxshort spx500short SPDR S&P 500 ETF (SPY) spyshort
3
0
chartpattern wedgepattern spx500 spx spxshort spx500short spy spyshort
Abcde labels are unnecessary but used them to identify points. This is very bearish given the wedge began after the significant drop in Dec 2018. Might signal the continuation of a Bear market.
Comment:
Though, here’s a case for the bulls.
snapshot
Comment:
Safe target?
snapshot

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