iBankCoin
Joined Jan 1, 1970
509 Blog Posts

Bullish Triangle Breakout

On Tuesday, the S&P was in the process of forming a triangle.

Well, it has broken out to the upside today on a print above 1290.

It appears that there is no major resistance until about 1380.

————————————————————–

In other news, the Dow has broken a spread triple top today at 11,700—a very bullish pattern (chart unavailable. Will update later.)

 

If you enjoy the content at iBankCoin, please follow us on Twitter