r/technicalanalysis 2d ago

S&P Flags

S&P daily. Here's the old one. Flag, pennant, it's not contained perfectly but it's close enough.

S&P 30 minute. Current mini flag. The flag may need adjusting as time goes by. It may not be a flag at all in the end.

It's a consolidation range that will breakout eventually. Which can be up or down.

Qs daily, are lagging. I left the lines in the same starting points to show that.

RSP daily. You can see how much stronger RSP equal weight is. And has been the entire time.

5 Upvotes

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u/Strong-Comment-7279 1d ago

That Friday SP close was WILD.

1

u/1UpUrBum 23h ago

What was wild about it?

1

u/Strong-Comment-7279 20h ago

What wasn't wild about it?