RUDRA007

snp 500 spx chart study

CBOE_DLY:SPX   S&P 500 Index
SNP 500 index around 4800
daily time frame

Double wedge structure
both wedge confluence around same resistance levels
if not able to sustain at high levels
and if the reversal confirmation is observed,,
index might retrace by 5-7 easily

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.