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Skipper86

S&P 2700 next week after monetary and fiscal stimulus then 2000

Hadapan S&P 500 E-mini (CME_MINI:ES1!)  
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CME_MINI:ES1!   Hadapan S&P 500 E-mini
Trend Analysis Chart Patterns Wave Analysis
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The market may bounce out of the current ascending triangle formation up to 2700 which is a previous support/resistance level upon announcements of monetary and fiscal stimulus plans. I'm 40 percent confident this will happen, just throwing a number at it based on gut feel, not using statistics or anything. Minor Elliott wave "A" should be complete around 2000 which is a Fib retracement and whole number psychological support level.
Pesanan dibatalkan:
That didn't play out according to the analysis. It turned into more of a bear flag pattern, added to short position once day turned red.
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