Quantum_Maryland_Capital
Short

$SPX: Possible Wedge

INDEX:SPX   S&P 500 Index
143 2 3
I am not 100% confident that the wedge drawn is driving the market, but it connects many important points.

I thought the plunge would take us to 43 ish             , but 50 held and buyers flooded the market with orders.

Looking forward 2185, of course, remains a level of interest but trades cannot be called in advance because its all about context.

If the wedge is operational, its simply a matter of time though Brexit and earnings could muddy the waters.
htgroup1
5 months ago
Do you mean 2085 instead of 2185 as the current resistance?
Reply
Quantum_Maryland_Capital htgroup1
5 months ago
Yes and thank you
Reply
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