Bandarsq
Long

Falling Wedge Breakout

FX:SPX500   S&P 500 Index
Comment: Next week should be bullish forming wave C.
Trade closed: target reached: Done.
good trade!
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Thanks. Cheers!
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You will succeed, I agree with you.You and I have the same idea.
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I hope so. Thank you.
Once it reaches about 2100 then it might go down to form Y and break 2035.
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You took two parallel lines from a channel and ignored the lower candles to make a wedge! What are you looking at??
+1 Reply
Bandarsq Incogniteaux
I use Elliott Waves analysis. That's not only a falling wedge but also an Ending Diagonal C wave.

Nice Chart you have. Monday it will test that blue downtrend.
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On that I think you might be right. Canada is going to force oil up and may lift the markets to the 2084 area
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