steviebaugh

Another Triangle

SP:SPX   S&P 500 Index
SPX daily forming another giant triangle. I was skeptical yesterday that the downward trend line would hold, but it did. Personally I don't see it going back down to the bottom of the triangle, but anything can happen.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.