The Weekly S+P 500 Chart
shown here for the purposes of illustration,
shows price has risen almost as far as it possibly can,
in the current ascending wedge pattern.
Next, will come a sizable price breakout.
The technical expectation of the ascending wedge
is for an ultimate sharp break to the downside.
I will tell you that if that were to occur,
the decline will happen in thin air, ( See Chart )
Note that there is nothing... in the drawn chart structure to support price.
Once a price decline enters thin air,
there would be significant downward thrust unleashed,
almost like a rocket crashing straight back to earth.
I'm not saying that this has to happen.
But I will close by warning you, that if it does occur,
there will be very little chance to get out at prices
anywhere near what they are right now.
Thus, be prepared.
If a rapid price decline starts,
it will happen suddenly,..and with very little warning.
THE_UNWIND
4/19/19
NEW YORK
shown here for the purposes of illustration,
shows price has risen almost as far as it possibly can,
in the current ascending wedge pattern.
Next, will come a sizable price breakout.
The technical expectation of the ascending wedge
is for an ultimate sharp break to the downside.
I will tell you that if that were to occur,
the decline will happen in thin air, ( See Chart )
Note that there is nothing... in the drawn chart structure to support price.
Once a price decline enters thin air,
there would be significant downward thrust unleashed,
almost like a rocket crashing straight back to earth.
I'm not saying that this has to happen.
But I will close by warning you, that if it does occur,
there will be very little chance to get out at prices
anywhere near what they are right now.
Thus, be prepared.
If a rapid price decline starts,
it will happen suddenly,..and with very little warning.
THE_UNWIND
4/19/19
NEW YORK