Updated

SPX. Ascending triangle W/IN Ascending triangle, what's next !!!

4152 is our Max target if and only if we break out of this triangle !!!
-Un-shakable trend

Note

New day new candle, 2 Triangles within each other. Watch the lines for side way movements or break up/down.

Note

Either way up/down we would expect a measured move of 340 +- points once we

break out of this long waited Green Triangle !!!

Note

The bigger wedge, Green one, is incoming & it's worth 340 +- points.

Note

We could be retesting our "RED" wedge break out. Going inside the RED triangle
not good for Bulls !!!

Note

Nice break out & retesting the RED wedge !!!

Note

Hitting the green line could/might be just part of the "Game"

Note

Lower lines of both Wedges "Green & Red" are kind off together supporting

this larger bullish move, we need to see if they hold the price, we should get a

good bounce back if they do !!! If they the price break down then "Blue" lines

are our targets !!!

Note

Back again inside the wedge !!!

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

twitter.com/samitrading1

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samitrading

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