Primary Chart: SPX Symmetrical Triangle and Anchored VWAPs
The S&P 500 broke out of a symmetrical triangle pattern this week. On September 13, 2022, SPX's price closed below the lower trendline of the triangle, which is an upward trendline from the June 17, 2022, low. These multi-month patterns do not resolve easily every time. A backtest of the trendline that...
Chart 1 : BTCUSD's Downward Breakout From Bear-Flag Channel
(Chart 1 also includes a hypothetical price path showing one probable way that price could retest the channel and the downward trendline that has held as resistance since November 2021.
BTC's Downward Breakout from Parallel Channel/b]
On August 19, 2022, BTC fell over -10%, breaking out below its...
