Rising wedge in SPX?

[DeepFried]

Comments?

 

[segv]

Quote from DeepFried:

Comments?

More like a "wedgie".

-segv

 

[DeepFried]

Quote from segv:

More like a "wedgie".

-segv

possibly even more painful.

 

[segv]

Quote from DeepFried:

possibly even more painful.

Seriously. Do not try to trade silly chart patterns, you would be better served by darts. Hell, maybe even lawn darts.

-segv

 

[DeepFried]

Quote from segv:

Seriously. Do not try to trade silly chart patterns, you would be better served by darts. Hell, maybe even lawn darts.

-segv

That's a rather strange comment for the Technical Analysis section of the forum.

 

[DeepFried]

Anybody else?

 

[countryBoy]

Got a similar pattern in the t-notes (yield chart).

Both have similar RSI.

.

 

[DeepFried]

Quote from countryBoy:

Got a similar pattern in the t-notes (yield chart).

Both have similar RSI.

.

Ah, very interesting. Thanks, countryboy.

 

[ess1096]

Quote from DeepFried:

Comments?

Fried, How did you post the link to your chart pic?
I tried to post a chart for the S&P today and the attachment didn't show up.


As an amateur technician, I think I see a cup& handle and a double bottom (in the cup). And at todays close it looks like a breakout from a flag pattern.

 

[5Pillars]

Fed meeting "notes" release tomorrow will get some conviction and volume back....I am sure.