This is my analysis of the market, specifically the S&P 500. Indicators and fundamentals that point to a massive drop. The formation identified is called a Broadening Formation (aka Megaphone Formation)
Here's the link to better explain the formation in detail - investopedia.com/terms/b/broadeningformation.asp
As stated in the video, if you have a difference of a opinion, I would love to hear it and learn how you got there. I'm always willing to learn something new.
Here's the link to better explain the formation in detail - investopedia.com/terms/b/broadeningformation.asp
As stated in the video, if you have a difference of a opinion, I would love to hear it and learn how you got there. I'm always willing to learn something new.
As always, please let me know if you see something I didn't catch.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
As always, please let me know if you see something I didn't catch.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.