Indeks S&P 500Singkat
Watch for a repeate of Feb/March 2022
Elliot Wave Analysis:
After we completed 3 sets of 5 waves up between 2010 and 2022 we got 3 waves down, and a wave 4 or D up. Most traders believed we were going back to the 10 year Bull Market, and new ATHs, again. However I pointed out the tripple thrust elliot wave pattern, little known outside of EWT theorists... Let's call it a lower high, and suggested we could go down very fast and hard into a bear market cycle. That prediction happen and took the ES from 4638 to 3488 eventually.
What I am suggesting is that after we go down, what i have labeled ABC on the right side of the chart, we can expect an up move, which might be a corrective 4th wae, and lead to weeks or months of fierce selling.
I will keep you posted, we are only on wave A, or 1 down now.
After we completed 3 sets of 5 waves up between 2010 and 2022 we got 3 waves down, and a wave 4 or D up. Most traders believed we were going back to the 10 year Bull Market, and new ATHs, again. However I pointed out the tripple thrust elliot wave pattern, little known outside of EWT theorists... Let's call it a lower high, and suggested we could go down very fast and hard into a bear market cycle. That prediction happen and took the ES from 4638 to 3488 eventually.
What I am suggesting is that after we go down, what i have labeled ABC on the right side of the chart, we can expect an up move, which might be a corrective 4th wae, and lead to weeks or months of fierce selling.
I will keep you posted, we are only on wave A, or 1 down now.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.