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Mamou-Q
Mar 30, 2021 8:48 AM

SPX: Rising Wedge in the make 

US SPX 500OANDA

Description

Based On the looks of SPX at the moment, and some measurements of previous price action, I could conclude that a probable rising wedge is in the make. Risings / ascending wedges a reversal patterns which happen when price makes higher highs and higher lows with a slope up and have a bearish bias.

PS. . the pattern is still half way, so at the moment we still bullish, and most probably till we reach 4000.

Trade safe and good luck!
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