Freed from under the wedge?

2019년 11월 14일

Could the tip of this descending wedge (the mirror of what is currently showing in the S&P with its rising wedge also about to terminate) be like a balloon that was being kept forced down underwater suddenly being set free with nothing above to keep it down until it hits the surface up above, wherever that may be?

Or will Trump or the Fed somehow pop that balloon?

Lets wait to see what starts to happen at the edge of the wedge... something's gotta give one way or the other.

See this as a related idea:

2019년 11월 14일

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PS - above was posted by The_Unwind on the S&P commentaries - I tried to make a link to it but it did not work. Read his good analysis.

2020년 2월 18일

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Broken market, broken technical... but same outcome still on the cards!!!

2020년 7월 8일

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Boy. That was one fucked up trade!!!!!!!!

Anyway, good time to try again!!!!!!!!!!!!