BOREARIS

S&P 500 Bull pennant 15 min

S&P 500 15 minConfirmed Oct 27, 20:15 UTC+8
BaseTopPullbackConfirmedClosedTarget 7,723.0Target 1 7,715.9Confirm 7,708.77,704.0Invalid 7,698.6━ MA20 + Bollinger Bands ━ MA50 15 min70503056.63━ RSI ━ 9MA06.81━ MACD ━ MACD Signal10/27 14:0010/27 15:3010/27 17:0010/27 18:3010/27 20:00
BaseTopPullbackConfirmedClosedTarget7,723.0Target1 7,715.9Confirm7,708.77,704.0Invalid7,698.6━ MA20 ━ MA5070503056.63━ RSI ━ 9MA06.81━ MACD ━ MACD Signal27 15:1527 17:4527 20:15

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

Bull pennant: First target, then break-even

Target7,723.0
First target7,715.9
Confirmation7,708.7
Invalid at7,698.6
Move+0.04%

Timeframe15 min
ConfirmedOct 27, 20:15
ClosedOct 27, 20:30
Duration0.5 h
Reward / risk1.41

What this tells you

A sharp rise followed by a small converging triangle; an upside break usually continues the rally.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Pole baseOct 27, 16:007,669.1
Pole topOct 27, 18:457,712.5
Pullback lowOct 27, 19:307,700.2
ConfirmationOct 27, 20:157,708.7

Recently closed Bull pennant patterns: 9 in total, 6 reached the target first (67%), 3 were invalidated and 0 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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