Double rising wedge S&P

The S&P RSI shows bearish divergence.

In addition a double rising wedge.

Combined with fundamentals (oil, unemployment) a recession is unstoppable.

The S&P is bound to drop with at least 10% in the coming days. A trigger moment could be the unemployment figures released tomorrow (Thursday 23/04/2020)
Beyond Technical AnalysisRising WedgeriskrewardTrend Analysis

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