Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the diagonal pattern will better than the 1-to-2 ratio that we suggest ...

Potential Target: $6,521 – the beginning of the diagonal pattern, with potentially lower levels. Wave Count: Completed ending diagonal and 5-wave rally since April 2025. On February 17, S&P 500 ...