BOREARIS

S&P 500 Bearish AB=CD 1 hour

S&P 500 1 hourConfirmed Oct 07, 04:00 UTC+8
ABCDConfirmedClosedInvalid 7,889.1Confirm 7,825.97,785.8Target 7,759.7━ MA20 + Bollinger Bands ━ MA50 1 hour70503045.45━ RSI ━ 9MA0-8.68━ MACD ━ MACD Signal09/30 20:0010/02 01:0010/05 07:0010/06 12:0010/07 17:00
ABCDConfirmedClosedInvalid7,889.1Confirm7,825.97,785.8Target7,759.7━ MA20 ━ MA5070503045.45━ RSI ━ 9MA0-8.68━ MACD ━ MACD Signal02 14:0006 08:0008 01:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bearish AB=CD: Target hit

Target7,759.7
Confirmation7,825.9
Invalid at7,889.1
Move+0.84%

Timeframe1 hour
ConfirmedOct 07, 04:00
ClosedOct 08, 18:00
Duration39.0 h
Reward / risk1.05

What this tells you

Two roughly equal legs (AB ≈ CD) separated by a retracement (BC); price often stalls or turns when D completes.

Check it on the live chart

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Swing points

PointTime UTC+8Price
AOct 01, 23:007,622.2
BOct 02, 22:007,759.8
COct 02, 23:007,703.8
DOct 06, 23:007,850.1
ConfirmationOct 07, 04:007,825.9

Recently closed Bearish AB=CD patterns: 6 in total, 4 reached the target first (67%), 1 were invalidated and 1 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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