[SPX] 2021 Weekly Megaphone + Massive Engulfing Spinning Tops

Very interesting weekly structure here.

I guess it's technically bullish as the second top closed green and a smidge higher than the red top but boy it's pretty damn indecisive since the start of this year.

Wheel's wobbling off lol.

Kommentar:

The 1D is decidedly more bullish, seems likely to at least hit the top of this megaphone around 3.9 maybe 4k before it breaks out or breaks down...

Testing the bottom of this megaphone again in the next couple months is lookin pretty likely.