This is my analysis of the market, specifically the S&P 500. Indicators and fundamentals that point to a massive drop. The formation identified is called a Broadening Formation (aka Megaphone Formation)
Here's the link to better explain the formation in detail - investopedia.com/terms/b/broadeningformation.asp
As stated in the video, if you have a difference of a opinion, I would love to hear it and learn how you got there. I'm always willing to learn something new.
Here's the link to better explain the formation in detail - investopedia.com/terms/b/broadeningformation.asp
As stated in the video, if you have a difference of a opinion, I would love to hear it and learn how you got there. I'm always willing to learn something new.
As always, please let me know if you see something I didn't catch.
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As always, please let me know if you see something I didn't catch.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.