Possible Scenariocasts For The S&P500 $SPY - $SPX:
1) Parabolic move up, surprising most peoples expectations (green)
2) Quick "Peek a Boo" out the top of the wedge for a bull trap then fall (yellow)
3) Incremental demand from buyers are slowing immediately with a lack of volume for a price fall (red)
1) Parabolic move up, surprising most peoples expectations (green)
2) Quick "Peek a Boo" out the top of the wedge for a bull trap then fall (yellow)
3) Incremental demand from buyers are slowing immediately with a lack of volume for a price fall (red)