S&p 500 - I had this pattern a couple months back predicting price possibly containing inside this broadening channel.
If price fail to make new high and give us a couple more weeks of consolidation, there will likely drop further.
Comment:
watch for retest of key retest structure, if down to close above
then expect further downside
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.
then expect further downside