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Indeks S&P 500

SPX correction has begun

Oleh the_sunship
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All in the video. I believe we will finish the A wave today and the B wave tomorrow or Friday before a larger move up to 4350.

Good luck!
Nota
upper channel area reached, should be resistance syot kilat
Nota
the B wave may be shallow or steep, we'll see how it looks into Friday's numbers probably. syot kilat
Nota
good morning. I'm traveling today so no updates till next week. It looks like they may break up out of the channel today, if so - likely gets to 4290-4300 on spx cash. A breakdown and we go to the bottom of the channel and probably find support there. RSI and price action is hinting at up right now but it could be very choppy today and do neither, waiting for the numbers tomorrow at 830.

Good luck and see you next week!
Nota
syot kilat
Nota
breakout of channel, should continue to about 4300 area to finish the first A wave. syot kilat
Nota
false breakout, so B wave continues for today, C up should be after. syot kilat
Nota
new analysis -
SPX - top of this leg may be in
Nota
new video -
Chart PatternsTechnical IndicatorsS&P 500 (SPX500)Wave Analysis
the_sunship
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