Ma, is that a W?
It's cool to see the year long trends I've drew a while back still continue to act as supports and resistances with the action we've been seeing in SPX.
Looks like there is a bullish W on the 4hr that has formed that can continue us to previous ATH or close to it.
On the daily chart MACD, MFI and RSI all looked primed to lead this higher for possibly one last push.
How long will this push last? lol who knows...
The tips of the wedges meet in middle of June and July though its rare for wedges to go all the way to the end.
Either way all of the markets are pretty gnarly.
That's all folks
Looks like there is a bullish W on the 4hr that has formed that can continue us to previous ATH or close to it.
On the daily chart MACD, MFI and RSI all looked primed to lead this higher for possibly one last push.
How long will this push last? lol who knows...
The tips of the wedges meet in middle of June and July though its rare for wedges to go all the way to the end.
Either way all of the markets are pretty gnarly.
That's all folks
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