S&P500 Index (SPY) Breakout & Bearish Continuation 📈 for FX:SPX500 by VasilyTrader — TradingView

Multiple Time Frame Analysis Trend Lines Wedge indexes S&P 500 (SPX500) S&P 500 E-Mini Futures S&P 500 nasdaq NASDAQ 100 CFD nasdaq100 NASDAQ 100 E-MINI FUTURES

mtfa trendline wedgepattern indexes spx500 es1! sp1! nasdaq nas100 nasdaq100 nq1!

snapshot

S&P500 index looks very bearish to me this morning:
the price reached a horizontal key level and then broke a support line of a rising wedge pattern on 1H.

I believe that the index will drop to 3744 / 3717 levels.

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