SPX. Ascending triangle W/IN Ascending triangle, what's next !!!

От samitrading
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4152 is our Max target if and only if we break out of this triangle !!!
-Un-shakable trend
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New day new candle, 2 Triangles within each other. Watch the lines for side way movements or break up/down.
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Either way up/down we would expect a measured move of 340 +- points once we

break out of this long waited Green Triangle !!!
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The bigger wedge, Green one, is incoming & it's worth 340 +- points.
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We could be retesting our "RED" wedge break out. Going inside the RED triangle
not good for Bulls !!!
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Nice break out & retesting the RED wedge !!!
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Hitting the green line could/might be just part of the "Game"
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Lower lines of both Wedges "Green & Red" are kind off together supporting

this larger bullish move, we need to see if they hold the price, we should get a

good bounce back if they do !!! If they the price break down then "Blue" lines

are our targets !!!
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Back again inside the wedge !!!
ascedenttriangleChart PatternsSPX (S&P 500 Index)Trend Analysis
samitrading
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