US Stock Indices | S&P 500 – Rising Wedge
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Making a great effort to rise, giving rise to a wedge-shaped pattern.
Market could either aim to test the old high of 1415 before coming back down, or go straight down from here to test the previous low of 1267.
For the former to occur, the market would have to take out the most recent swing high. Let’s see which plays out.
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