SPDR S&P 500 (SPY): Multiple Trend Lines converging Tue--Wed...

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Re: Agoura Guy post# 383530

Tuesday, 04/30/2024 4:20:29 AM

Tuesday, April 30, 2024 4:20:29 AM

Multiple Trend Lines converging Tue--Weds plus wedge apex ---could be interesting----Yesterdays trade was a descending triangle--- downside resolution 79% in a downtrend ----54% in uptrend-- we've had 3 of them in the last week or so---Mkt stays alive --resting on bottom trend line rising channel---good spot for Gap Up!!

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