Short Term Alert ! Potential "Rising Wedge" Breakdown

S&P 500 IndexTVC

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⋅ 9 Th12 2019 23:47

Short Term Traders should be aware.
4 Hour S+ P 500 Institutional Chart, Closed Bearishly on 12/9/19.

The risk here is for a potential
" Rising Wedge" Breakdown.

4 Hour Support is currently just below the market at S+P 3134.62

Short term trend shows that if that key support breaks,
then"gap filling" could quickly bring the S+P down to 3120 minimum.

Special thanks to jbird7839, and chinawildman,
for their excellent pattern recognition, and momentum analysis.

THE_UNWIND
12/9/19
NEW YORK

Trend Analysis Chart Patterns

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LotusTrading20

⋅ 10 Th12 2019 01:44

hello,

been following your posts.
here is the tag of the regression line from october lows tonight on globex.
imo, we're in bounce mode for tomorrow. big sell, might come afterwards

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