Quick Updating SP500 and Dow Jones Trendlines and Targets What quick-reference levels should we be watching on the S&P 500 and the Dow Jones Industrial Average and why are the trendline patterns different? Let’s start with the S&P 500’s rising wedge pattern: There’s certainly more than one way to draw similar trendlines, but the pattern above shows a compressing or potential “Rising Wedge” pattern developing in ...
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