I believe a diamond pattern chart which is close to a top
is bearish pattern in most cases. If we are getting to an end
of a B uptrend advance on the SPY it would be a bearish diamond.
Similar to chart below.
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diamond pattern
Posted by matt on 25th of Apr 2020 at 02:20 pm
I see a possible diamond pattern
Matt, would that suggest a
Posted by jimsim on 25th of Apr 2020 at 03:40 pm
Matt, would that suggest a half-way pattern to the upside?
I believe a diamond pattern
Posted by under80 on 25th of Apr 2020 at 05:54 pm
I believe a diamond pattern chart which is close to a top is bearish pattern in most cases. If we are getting to an end of a B uptrend advance on the SPY it would be a bearish diamond. Similar to chart below.