CobraVanguard

SPX/USD near falling (just a bit)

FOREXCOM:SPX500   S&P 500 Index
Hi every one

US SP 500 CFD

you can see that the SPX/USD has formed a rising wedge pattern,there is a regular bearish divergence as well.
the price is near it's yearly resistance so it is more likely that the price will eventually fall but just a little bit since the SPX/USD always had a increase in it's value

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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea .
Have a nice day and Good luck.
Comment:
My previous analysis
Trade closed: target reached

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