Get started
SPDR S&P 500 ETF TRUST

Potential Rising Wedge Forming in S&P

By Newcomb_Analytics
Very similar price action to May around the end of the month, there is a potential rising wedge forming into the 27th June coinciding with a backside retest of the 2 year uptrend channel that was finally broken back on the 13th June. Keep eyes peeled for indications of selling picking up into that area.
Chart Patternses1S&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysisusequities
Newcomb_Analytics

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.