TradingView
otterslide
Oct 23, 2019 6:19 PM
SPY tightening, forming triangle, decision to follow NOV-DEC
Short
AMEX:SPY
1D
SPDR S&P 500 ETF TRUST
Arca
Description
⋅
Oct 23, 2019 6:19 PM
Look for a breakout of this triangle to invalidate this pattern. Time range is end of Nov to mid Dec.
If the range keeps converging within the triangle a breakout to the upside or downside should be followed. A break on the downside could be big.
Triangle
More