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Broadening wedge pattern: Will the market break out?
An expanding triangle is a technical pattern that implies an increase in long-short divergence, potentially (not guaranteed) a sign before b Show More
An expanding triangle is a technical pattern that implies an increase in long-short divergence, potentially (not guaranteed) a sign before breaking out. Based on the pattern, the $S&P 500 Index (.SPX.US)$ entered a critical point in January 2023.
Based on your trading experiences, is profiting from this pattern possible? Will the market head north or south?
Reward: 6 users sharing the best investment idea, orders, or positions will win 600 points!
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