This is occurring within this rising wedge now.
We only have 3 touches here, so we should see a new ATH first then a pullback and then another ATH closer towards the end of the year. Where it breaks from there is anybody’s guess but experience tells me never to bet against US indices.
We only have 3 touches here, so we should see a new ATH first then a pullback and then another ATH closer towards the end of the year. Where it breaks from there is anybody’s guess but experience tells me never to bet against US indices.
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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.