Falling Wedge Break -> Double Top

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SPX broke out of a falling wedge on the weekly, and is headed for the same ATH.

It could reach a new ATH at its 1.5x measured target (not pictured above), but I would expect the double-top to play out should DXY move up above 105 and head towards 118-122.

Long until we hit the double-top, then short.

Market Recoveries: be Wary of DXY


More related ideas and previous posts linked below.
Ghi chú
Further evidence of a same ATH target with a bullish break of a rising wedge here:

ảnh chụp nhanh
dollarindexDouble TopDouble Top or BottomDXYFalling WedgeSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wedge

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