Spy 11-12 Next leg down

This pattern forming all all the indexes (Dow jones,NDX,Russell2000) is called a descending broadening wedge. It's a bullish pattern..

Here's a link for more description
www.newtraderu.com/2...e-pattern-explained/


Over the next few days I think we will drop down to our 21EMA and from there we'll bounce of the wedge support and begin our Holiday rally. to possibly new ATH