On the weekly tf SPX is moving in a falling wedge.
I'm very bearish on the long term about SPX , in my view we'll see a correction in 3300 area and more, but sometimes markets behaviour is strange so I'd not be surprised to see a new ATH in 5000 area that would be the target price of falling wedge, before markets crash.
I'm very bearish on the long term about SPX , in my view we'll see a correction in 3300 area and more, but sometimes markets behaviour is strange so I'd not be surprised to see a new ATH in 5000 area that would be the target price of falling wedge, before markets crash.