tradingzebras

Top forming some time in March-Apr 2019?

AMEX:SPY   SPDR S&P 500 ETF TRUST
Just an idea,
Hourly descending wedge (bullish) could shortly bounce off the trend line that began July 2017.
Medium term RSI trend could then signal a run into the new year before long term bearish trend causes top to form some time around March-Apr 2019. May be a right shoulder, or a double top before monthly bearish convergence finishes off the bull run.
Longer term outlook would be fibinacci 23% and eventually the 38%

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