SPX500- Bullish Megaphone Pattern (or Bull Trap)
Please do your DD.
Watch out for the bounce from the trend line which will confirm the bullish megaphone pattern and trap a lot of shorts.
But if it breaks the trend line to the downside then we could be going down to 2000 on SPY
Be careful out there and do your DD before investing.
Watch out for the bounce from the trend line which will confirm the bullish megaphone pattern and trap a lot of shorts.
But if it breaks the trend line to the downside then we could be going down to 2000 on SPY
Be careful out there and do your DD before investing.
