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Spx500at2400short

S&P 500 - SPX500SPX500,
FX:SPX500Short
by islemodasi
S&P 500 CrashAfter reading an article, I decided to try some TA to figure out what they were seeing and why. Had to move out to the Monthly charts to really get a clear picture. We know it's coming.. Question is, when.. sometime in 2016, Oct-1st estimated here? We'll have to break above 2400 to fall within the 53% that will exit upwards. "Here are some statistics about the symmetrical broadening top: - In 53% of cases, there is an upward exit - In 75% of cases, the target of the pattern is reached by taking the maximum height of the triangle. With a downward exit, the percentage felt to 64% - More than 72% of cases, downward breakout occur when the price is into the highest third of its annual range. No bullish breakouts have been identified into the lowest third of the annual range."
TVC:SPXShort
by Tin.Foil

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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