FX:SPX500   S&P 500 index of US listed shares
77 0 0
The large channel is obvious and the smaller wedge within it seems reasonable. So far the last two months have seen the market rise but it has been such a painful trip. It's been exasperating for the bears as well. Each time the market drops buyers show up withing two days. Declines don't gather any momentum . But this may change if the wedge breaks. 2040 could happen quickly and after some hesitation there maybe more downside. Maybe. But I'm not interested playing the bull side now.
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