CobraVanguard

S&P 500 decrease In price (but can Santa rally happen?)

SP:SPX   S&P 500 Index
Hi every one

S&P 500 INDEX

so in the SPX chart you can see a rising wedge which also ends in the yearly resistance! if the price obey the pattern and yearly resistance we should see a decrease in the price ,but it's December ! Santa rally might happen! (every instrument you see has a increase in it's price because of the new year which is about to come especially the last 7 days of the year!)

Traders, if you liked this idea or have your opinion on it, write in the comments ,We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea .
Have a nice day and Good luck.

✅My signals On Telegram:
t.me/CobraVanguard

✨Get access to the private club with VIP signals:
t.me/Sinakobraei

🌎Social Media links :
linktr.ee/CobraVanguard

🤍Trade where I Trade:
CoinEX👉 rb.gy/yd2r9v
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.