TradingView
pacifiedStar62604
Mar 2, 2021 6:16 AM

S&P500 Rising Wedge 

S&P 500SP

Description

I saw this pointed out by Sven Henrich. A big fat rising wedge with a negative divergence at the top there that we just had. Some insane gaps below as well point to some possible underlying weakness. The Moving averages look great, until they don't... Make a sacrifice to please the JPowl God or this may get ugly.
Comments
Henry_Ross
Excellent!
Alla_Yassin
So good ! Nice point :) keep it up & don't stop sharing your ideas with us :)
More