SPX Rising Wedge since 1985
Well kind of self explanatory title really - as well as a self explanatory chart.
I connected the 1987 high, the 1999 high and the 2020 high together - and what do you know lke magic it appears as though we are poised for a move down.
Hell you could count the 1987 high as wave 1, the 1999 high as wave 3 and now we are completing an extended 5th wave here but I'm no EW expert.
Let me know what you think!
I connected the 1987 high, the 1999 high and the 2020 high together - and what do you know lke magic it appears as though we are poised for a move down.
Hell you could count the 1987 high as wave 1, the 1999 high as wave 3 and now we are completing an extended 5th wave here but I'm no EW expert.
Let me know what you think!
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