S&P 500 decrease In price (but can Santa rally happen?)
Hi every one
S&P 500 INDEX
so in the SPX chart you can see a rising wedge which also ends in the yearly resistance! if the price obey the pattern and yearly resistance we should see a decrease in the price ,but it's December ! Santa rally might happen! (every instrument you see has a increase in it's price because of the new year which is about to come especially the last 7 days of the year!)
Traders, if you liked this idea or have your opinion on it, write in the comments ,We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea .
Have a nice day and Good luck.
S&P 500 INDEX
so in the SPX chart you can see a rising wedge which also ends in the yearly resistance! if the price obey the pattern and yearly resistance we should see a decrease in the price ,but it's December ! Santa rally might happen! (every instrument you see has a increase in it's price because of the new year which is about to come especially the last 7 days of the year!)
Traders, if you liked this idea or have your opinion on it, write in the comments ,We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea .
Have a nice day and Good luck.
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