lswang168

SPX Log Channel with correction line

TVC:SPX   S&P 500 Index
5
Minor correction line, uncertainty event drive as main reason. (Brexit, Election)
it's interesting that in a bullish trend, market follows a log channel nicely. (previous 3 cycles)
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.