Anouther Perfect Triangle

٢٤ يناير ٢٠١٩

After breaking out of the upward wedge, we see a perfect triangle formation start shortly after an ABC correction. Lets see if it breaks down tomorrow.

٢٥ يناير ٢٠١٩

ملاحظة

Since this didn't work out, I am now of the belief that the B in this triangle is actually wave 4 of the impulse I had pointed out in my last analysis of SPY "a very dirty wedge." This would mean that we have another rally before the breakdown begins :)