AI
More from selecto..
"I see some hands drawing a declining wedge on the SPX. It is not being done correctly.
The base of a declining wedge should begin at the point where price moves up to the point which marks the beginning high of the top of the wedge. The base is not to start from a point further back where the end of the move upward does not begin the top of the wedge.
Volume across a declining wedge should decrease, not increase.
Proper ruler work applied here yields only down channels"
"I see some hands drawing a declining wedge on the SPX. It is not being done correctly.
The base of a declining wedge should begin at the point where price moves up to the point which marks the beginning high of the top of the wedge. The base is not to start from a point further back where the end of the move upward does not begin the top of the wedge.
Volume across a declining wedge should decrease, not increase.
Proper ruler work applied here yields only down channels"
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
