Seems like the current S&P market level is seeing the resolution of the megaphone pattern to the downside.
The break below the 3 point was the indication that the pattern is resolving to the short side and heading toward the targets indicated on the chart.
Something I'm not sure of is the bounce in late September; could this have negated this pattern?
Thoughts, comments?
The break below the 3 point was the indication that the pattern is resolving to the short side and heading toward the targets indicated on the chart.
Something I'm not sure of is the bounce in late September; could this have negated this pattern?
Thoughts, comments?
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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.