S&P 500 Descending Triangle Reversal Pattern???
Here is what my guess is for this week.
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MACD on the 15 min interval showing small rally into afternoon.
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Not quite right but close.
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Extended hours trading hit it pretty close. Now will it close that gap up this morning and keeping going down?
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Looks like this idea has failed.
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I guess I was a little premature. Still a possible setup.
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End of day
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Thursday 2pm. I have not given up on this yet.
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Minor update after close. Still looking good.
