S&P500 Rising Wedge

٢ مارس ٢٠٢١

I saw this pointed out by Sven Henrich. A big fat rising wedge with a negative divergence at the top there that we just had. Some insane gaps below as well point to some possible underlying weakness. The Moving averages look great, until they don't... Make a sacrifice to please the JPowl God or this may get ugly.