AndyM

Ending wedge is possible in SPX

FX:SPX500   S&P 500 Index
294 1 7
2220 is still feasible and possible - I don't see too many impulsive declines in individual stocks, which means there is room for another impulse going upwards. I think the FOMC meeting Sept 21st may trigger that last movement reaching 2220 which should ideally quickly reverse.
If this doesn't happen - good, I'll be happy, if it does - well, we just need to wait a bit longer for the reversal.
something like this -
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