SPX Respected resistance of trendline

S&P 500SP

Description

⋅ Jan 19, 2023 8:00 AM

SPX Respected the resistance of the trendline and is forming a broadening wedge pattern which is usually accompanied by a breakdown. A breakdown of this pattern will be a signal for further decline

Trend Analysis

Comments

JoeChampion

⋅ Jan 20, 2023 9:05 AM

Excellent Pal!

cryptoonchain

⋅ Jan 20, 2023 11:27 AM

@JoeChampion, Thanks, Dear Friend!

TradingShot

⋅ Jan 20, 2023 8:10 AM

Quality analysis and explanation of this scenario. Sharing is the essence of this platform, so here is our analysis as well:

cryptoonchain

⋅ Jan 20, 2023 11:28 AM

@TradingShot, Great!