Looks like a "wedge" ended in the last 30 minutes of trading . . . Also a Bradley date the last two days. Rally early next week to new highs ( possibly 1121) to end the fiscal end of year for most Funds? More significant Bradley date on Nov. 9th.
Multiple Expanding Triangles :eek: . Most indices near supports . UP next week as MitchWorse and Landis said .
I'm only long @ hourly And when it fails/makes a Negative Reversal(RSI), then i'm going short @ the larger timeframes. Daily wants to go down and the weekly doesn't look that strong! ps. Dow Transports as an early indicator -3.49% last session, clearly making a double top!!!
Nice one ed! be carefull with the rebound, can't find a nice parallel channel @ S&P hour. RSI has turned up, other indicators still down.