This is a daily S&P 500 (SPX) analysis which will be the first featured post going forward. All Crypto analysis will be posted on the Bitcoin Live platform. The below chart shows the symmetrical triangle pattern update. Almost always, a triangle pattern is either a wave 2 or a wave 4; so they represent corrective consolidation so as to allow the price churn between the buyers and sellers. Also, just because a pattern looks like a triangle does not mean it must generate the ABCDE sequence of waves. That's why there are plenty of D wave breakouts and that is pretty much what could be in progress right now with the SPX. Video has more details!
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