S&P 500 - Upddated
A Simple chart of the last 5 years, two lines converging to form a pennant / flag (around 10/30/2015). But as we know the breakouts occur before the convergence point. Logic says the market has run upwards between the two line range so a similar contra trend of equal length should ensue. Not a market directional call, just a common sense call but since I expect a down move the call is a Short. Is the tipping point near, looks so! This is a strategic forecast...trend lines have been corrected for the connecting points...hence pennant convergence also stands corrected.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。