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S&P 500 rising wedge reversal pattern for corrective wave B
iShares Core S&P 500 ETF
(
AMEX:IVV
)
Dr_Roboto
AMEX:IVV
iShares Core S&P 500 ETF
Trend Analysis
Wave Analysis
SPX (S&P 500 Index)
DJI
NASDAQ 100 CFD
4
0
trendanalysis
waveanalysis
spx
dji
ndx
Looks like a rising wedge reversal pattern indicative of a wave B correction, see Oct 2018. Note the massive momentum in the MACD and RSI reaching overbought level just like 2018.
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