Nice chart, Spy triangle has morphed into a descending triangle
in after hours trade, but same downside target which you have
shown. Note bear flag formation that had formed after
the fed announcement. (which may have been a small wave 2. The
Triangle you have shown may be a small wave 4, prior to wave five
down to 2480)
keep in mind that's also only a 1 min chart - the way the market
gaps these days can do anything. Best to look at larger time frames
in this volatility
$SPX - Bear in mind
Posted by saturn6 on 19th of Dec 2018 at 04:10 pm
$SPX - Bear in mind the 'Coil' ...
Nice chart, Spy triangle has
Posted by elliotw on 19th of Dec 2018 at 05:25 pm
Nice chart, Spy triangle has morphed into a descending triangle in after hours trade, but same downside target which you have shown. Note bear flag formation that had formed after the fed announcement. (which may have been a small wave 2. The Triangle you have shown may be a small wave 4, prior to wave five down to 2480)
keep in mind that's also
Posted by matt on 19th of Dec 2018 at 05:38 pm
keep in mind that's also only a 1 min chart - the way the market gaps these days can do anything. Best to look at larger time frames in this volatility
that's a really nice chart
Posted by matt on 19th of Dec 2018 at 05:20 pm
that's a really nice chart saturn