Market Crash - SPY Ascending Wedge and Gravestone Doji
SPY has yet another bearish indicator after Friday's session created a gravestone doji on the daily chart. On top of that, we saw a rejection of ATH while forming an ascending wedge and rallying on low volume. I expect this wedge to be broken to the downside and for further further downside to continue after.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.