ElliottWaveBelgium

S&P500 - Bulls still not out of the woods ...

FOREXCOM:SPX500   Indeks S&P 500
S&P500 - Despite the optimism we're seeing in the markets today, I wouldn't go on a buying spree right away.

Many setups have been popping up but I still believe we're in a bad phase right now and there is a high chance for markets to sell off and make new lows.

What the catalyst might be, I don't know... Maybe Trump will not acknowledge the results ? Who knows

What I do know is that it's possible we're in a Flat correction here (or next leg of a sideways Triangle) therefore be particularly careful because the potential sell off could be very sharp!


Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
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.