🔹Rising trend breaking downwards in medium long term.
🔹Support level is around 34425, indicating good buying opportunities.
🔹Support at 34200, potentially indicating a POSITIVE reaction, but a break downwards through 34200 indicating a NEGATIVE signal.
🔹Technically positive for the medium long term.

Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️
Chart PatternsDJITechnical IndicatorsIndicesIWMnasqSPDR S&P 500 ETF (SPY) Trend Analysis

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