Updated SPX short wave 4

Based on EW analysis and most statistical fib ratios combined with existing supports. Wave 4 should be a double zig zag as wave 2 was a flat. ABC-X-ABC or 2 downward impulses, this is the real question.

A few weeks left...

Nota

Nota

Bullish scenario has been potentially invalidated by a wave 4 retracing into wave 1. Looks like the selling pressure was too strong. The chart above shows the wave A of the correction: XYZ. If this scenario becomes bearish indeed, I expect Z to be either a ABC, zigzag or triangle. Time will tell.

From now on, I will short every spike up until 2404.

Dagangan aktif

Short1, TP 2420

Pesanan dibatalkan

I actually will sit this one out. Weird times. Big gap up. Futures climbing up at the speed of light... Will update.

Nota

Looks like this scenario is unfolding. I started building the short position too early though, because im weak. Fun times.

Terl

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.

Terl