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Pennywick

SPX Diamond Channel Resistance

S&P 500 Index (FX:SPX500)  
Pennywick  
FX:SPX500   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) QQQ NASDAQ 100 CFD circles fibcircle diamond diamondpattern
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trendanalysis chartpattern indicator spx500 spy qqq nas100 circles fibcircle diamond diamondpattern
The lower bound of the large Blue Diamond Channel has been serving as resistance. With QQQ outside it's Monthly UBB I am looking for volatility, in the past, a return to the UBB proved likely. If SPX loses the current resistance the next .5 channel down may be in play.
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