If so could go either way since they are Reversal or continuation patterns which makes them tricky to play.. Could be a pennant, but if soo it's a continuation pattern and we will remain bullish.
Theirs no doubt about it I am routing for a bear market.. I just see it as a healthy correction is due way too many ending diagonals in the S&P500 and in my opinion we need a reset.
The smaller patterns have all been bearish pattern as you can see now rising wedge.
Theirs no doubt about it I am routing for a bear market.. I just see it as a healthy correction is due way too many ending diagonals in the S&P500 and in my opinion we need a reset.
The smaller patterns have all been bearish pattern as you can see now rising wedge.