Tightening Wedge Breakout Next Week ! Weekly Preview 10/22/18

SPCFD:SPX   S&P 500 Index
S+P 500 is currently inside an increasingly tight "wedge" formation
especially evident this week on the 15 minute SPX chart.
as price has moved back and forth in an increasingly narrow range.

Next week will see a strong BREAKOUT of the wedge ,
either up or down. It could go either way.

At this point, all my S+P charts, updated for the weekend,
point to a potential downside resolution of the pattern,
highlighted by a late mild burst selling on Friday Oct.19.

2710 S+P Low from Oct 11, remains the most valued target
for the bears to vanquish.



Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out