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S&P 500 Index

SPX Diamond Channel Resistance

By Pennywick
The lower bound of the large Blue Diamond Channel has been serving as resistance. With QQQ outside it's Monthly UBB I am looking for volatility, in the past, a return to the UBB proved likely. If SPX loses the current resistance the next .5 channel down may be in play.
Chart PatternscirclesdiamonddiamondpatternfibcircleTechnical IndicatorsNASDAQ 100 CFDQQQS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
Pennywick

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