FX:SPX500   S&P 500 index of US listed shares
79 1 2
Pennant pattern does fit Bulkowski's rules. Measured rule takes us to 1733 level which was the rather significant feb 2014 low. Also, the long term trend line support is not far from that either, so if we overshoot, we go to there. RSI also shows we have much room to go lower from here. And with this weekend significant issues coming up, and sept 17th fomc, tension will mount, volatility up. The pennant is almost 70% filled, so that is an exit point fir sure.
http://thepatternsite.com/pennants.html
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out