The linear chart has interesting crossing channel.
Now that SP500 has officially marked a wave 5 since oct11, it could be due for a big wave IV since Mar09.
This big wave IV could start before year end or be delayed into early 2015 from around 2100 if the santa claus rally happens (which i don t believe in right now against odds).
The big wave IV should correct some 23% from tops in 3 waves before potentially launching a big wave 5 in compliance with the previous linear channel that held wave I and II and reaching the bottom of wave III Channel.
This is creative at this stage but could be it.
Now that SP500 has officially marked a wave 5 since oct11, it could be due for a big wave IV since Mar09.
This big wave IV could start before year end or be delayed into early 2015 from around 2100 if the santa claus rally happens (which i don t believe in right now against odds).
The big wave IV should correct some 23% from tops in 3 waves before potentially launching a big wave 5 in compliance with the previous linear channel that held wave I and II and reaching the bottom of wave III Channel.
This is creative at this stage but could be it.
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.