SPX rising wedge continues, maybe one more high

Name: SPX rising wedge continues, maybe one more high
Uploaded: 2023-06-09T13:09:33.029875
Channel: the_sunship
Description: One more high possible here although there are two paths I believe. I would like to see a spike to 4340+ to take out the majority of bears and have bulls go all in, but I don't know if it's going to happen. Either way, Next week with FOMC should be interesting....

Kort

S&P 500-index (OANDA:SPX500USD)

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Chart Patterns Technical Indicators Wave Analysis S&P 500 (SPX500)

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One more high possible here although there are two paths I believe. I would like to see a spike to 4340+ to take out the majority of bears and have bulls go all in, but I don't know if it's going to happen. Either way, Next week with FOMC should be interesting....

Kommentera:

to me it looks like it will continue up but we'll see next week. have a great weekend!

Kommentera:

fwiw spinning top is the weekly candle on spy

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