The S&P 500 could be tracing out an Ending Diagonal pattern which would complete at around 1255 – 1260. It’s an idea worth keeping an eye on since it implies one final rally to clean out the bears, then a resumption of the bear market.
The S&P 500 could be tracing out an Ending Diagonal pattern which would complete at around 1255 – 1260. It’s an idea worth keeping an eye on since it implies one final rally to clean out the bears, then a resumption of the bear market.