3309 Drysdale Ct
Edwardsville, IL 62025
$SPX - Chart Link - not bad
That pattern could be waves 1, 2 and beginning of 3 down. A megaphone pattern is rarely a continuation pattern, as I far as I recall from Tom Bulkowski's encyclopedia of chart patterns.
The lower one isn't steep enough
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SPX 10 Updated View
Posted by steve on 9th of Mar 2023 at 03:46 pm
$SPX - Chart Link - not bad
That pattern could be waves
Posted by junkie on 9th of Mar 2023 at 03:51 pm
That pattern could be waves 1, 2 and beginning of 3 down. A megaphone pattern is rarely a continuation pattern, as I far as I recall from Tom Bulkowski's encyclopedia of chart patterns.
The lower one isn't steep
Posted by mugsy on 9th of Mar 2023 at 03:48 pm
The lower one isn't steep enough