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revilo1987

SPX500 - Absorption takes time .. takes place

Long
S&P 500 Index (OANDA:SPX500USD)  
revilo1987  
OANDA:SPX500USD   S&P 500 Index
Wedge Parallel Channel Volume S&P 500 (SPX500) absorption ICE
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wedgepattern parallelchannel volumestudies spx500 absorption ice
The Weis-methods shows clearly that the ice is tested for a following up-move.

-first lines converged
-strong down movement cutting the chanel
-a strong spring acoured and brought the price to the highest point and threw the strong midpoint like a hot knife cutting butter
-actually the midpoint is tested
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