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Dr_Roboto
Nov 19, 2020 3:00 AM

S&P 500 - Rising Wedge Break - 3 Strikes Your Out? 

US SPX 500OANDA

Description

Is this a break in a rising wedge pattern. Is this the 3rd and final attempt and it is 3 strikes and your out? I feel like the bulls could also try and draw a pennant pattern and look for a break to the up side.

Here is what I am seeing in the NASDAQ.

Comment

Morning look

Comment

10:15am and it is just hanging around and just a hair under the S/R line.
Comments
samitrading
Guys, is it possible that we are in an Expanding Ending Diagonal ! Sounds Crazy, but we have 3 bigger than 1 and we are 60 % done structure wise. we still need 4 to be bigger than 2 then one HELL RUN TO ATH in a
5th wave then CRASH.

wish you all the best.
ProfitHarvest
Yea that's about where I'm at, could definitely consolidate my last three into one bigger RW...
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