$SPX - The Secret of Symmetrical Triangle

FX:SPX500   S&P 500 Index
I'm elliotician. Not easy to live with that ... ;) . Symmetrical triangle is a perfect fourth wave. According to the rule of alternation - we have an ideal impulse from the February bottom. But ... we are in the election time - from this structure is near to the strong bearish formation: Three Falling Peaks ... & situation on the chart will change in few hours. ... in addition, it should be noted that the symmetrical triangle inside the Leading Diagonal is a rather unusual thing.


Trade active: ...so - still we are waiting for the decision. ... turns out that the #USa is the same madhouse as the rest of the world. ... each choice will be bad. "None of the Above" - quote from "Brewster's Millions" - to fit like a glove.

Trade active: ... current situation:

Good job hehe!
+1 Reply
hehe 2use
@2use, ... de nada ;)
Could also say its a descending triangle. Both have a good look with decreasing volume before the breakout. I believe this could be a three drives pattern.
+1 Reply
hehe elp
... the most important is right direction ;). GL!
+1 Reply
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