Indeks S&P 500Singkat
S&P500 Daily Chart- Sell the 2170 for target 2100
Should we sell (c), the 2170-2200 area for targets (d) @ 2100/2080/2050?
So I was puzzling the weekly chart and suddenly it hit me that waves 5 up often show a triangle, diamond or wedge pattern…overlapping waves and anything but a nice and clean, non overlapping 5 wave up structure.
As an example, I will refer to the following time period: during OCT 15 – MAY 15, wave 5 up consisted of overlapping waves and an abcde structure.
And then I thought, what if the Price Pattern of OCT 15 – MAY 15 equals the current Price Pattern –> FEB 16 – OCT 16?
If history repeats once again, wave c up is close to finishing and wave d will take the S&P500 to 2100-2080-2050.
Last time, wave c up lasted 3 weeks and wave d in total 5 weeks (2 down, 1 up, 2 down).
Currenrly, wave c up lasts 3 weeks….Be prepared….
So I was puzzling the weekly chart and suddenly it hit me that waves 5 up often show a triangle, diamond or wedge pattern…overlapping waves and anything but a nice and clean, non overlapping 5 wave up structure.
As an example, I will refer to the following time period: during OCT 15 – MAY 15, wave 5 up consisted of overlapping waves and an abcde structure.
And then I thought, what if the Price Pattern of OCT 15 – MAY 15 equals the current Price Pattern –> FEB 16 – OCT 16?
If history repeats once again, wave c up is close to finishing and wave d will take the S&P500 to 2100-2080-2050.
Last time, wave c up lasted 3 weeks and wave d in total 5 weeks (2 down, 1 up, 2 down).
Currenrly, wave c up lasts 3 weeks….Be prepared….
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.