reidmanchester

An answer soon: S&P upside breakout or correction.

Short
TVC:SPX   S&P 500 Index
Looking at this chart, sure looks like we should have an indication soon about direction of S&P. We all know there is a correction in the future, there always is. As the channel gets tighter we get closer to an indication whether we will see another cycle upwards, or a correction.
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.