S&P500 to have a strong drop soon?

Strong rising wedge for the S&P. Could this take a healthy fall back down...RSI implies it is overbought

Also we had a parabolic move up from the lows of December/Jan...with no real healthy moves down for a recovery period on the way back up

Hypothesis: price reaches near ATH to fail at resistant levels. If it price proves to move back down, I think it could make a W shaped pattern before a move back up or complete a right shoulder for a inverse head and shoulders pattern.

تم فتح الصفقة:

The S&P has now fallen out of the rising wedge and has accomplished target 1