But today we look at an indicator that has a pretty strong record of signaling when stocks are near a top.Spreads are currently the lowest in 17 years and are forming a bullish falling wedge.
With the elections next week, these patterns could lead to some very interesting price action. Stay tuned!Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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