SPY
Taking a look at the SPY here on the 1H time frame
we see a couple potential bearish patterns here with the rising wedge and the bear flag
both potential patterns would indicate more downside potential in the near term at least
just a quick look here but still room to the downside potentially towards that 350 level
what's everyones thoughts on the market right now? been pretty range bound for a while so a large move could be due sooner rather than later imo
Happy Trading!
Taking a look at the SPY here on the 1H time frame
we see a couple potential bearish patterns here with the rising wedge and the bear flag
both potential patterns would indicate more downside potential in the near term at least
just a quick look here but still room to the downside potentially towards that 350 level
what's everyones thoughts on the market right now? been pretty range bound for a while so a large move could be due sooner rather than later imo
Happy Trading!