We have two of the main American indexes at a crucial point with the potential to show weakness. Keep in mind this panic may arrive as fed's talks can take place on Wednesday. On the upper chart, we can see how S&P 500 has made a climb and is currently consolidating within a flag since the descending broadening wedge bullish violation.
On the lower chart Nasdaq has now been violating its resistance and currently is at a crucial point for a swing. this asset may also show weakness as the volatility will rise in case it loses its Support as labeled as S1.
previously...
On the lower chart Nasdaq has now been violating its resistance and currently is at a crucial point for a swing. this asset may also show weakness as the volatility will rise in case it loses its Support as labeled as S1.
previously...
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