SPX in a rising wedge, same as BTC could see a rally to the top of the wedge and breakdown on the new moon/Vernal Equinox. Typically we see a local bottom/rally on the first new moons of the new quarter. The measured move of a breakdown of the rising wedge brings the SPX into the golden pocket retracement level which could get hit on the full moon of April 6th...
If we look at the previous run-up prior to the Vernal Equinox BTC was in a rising wedge . BTC bounced from the bottom of the wedge during full moons and rejected from the top of the wedge during new moons. The 3rd full moon was the final rally prior to the top being put in on the Vernal Equinox. Interesting confluence taking place here. "Seasonality"
