SPY: Using Elliot Wave Theory, predicting a move to 4.30 seems likely.
~RSI has room to go to 430, so it is not out of the question of possibility
~The VI looked like it was about to switch momentum to bullish, but the red line is starting to curve back upwards giving the question is it really a reversal to bullish yet?
~Using Elliot Wave theory's 5 part wave we have completed the first 4 parts and are in need of the fifth. This theory predicts group mentality overall and is often times the case.
~Previous waves hint that this may be the last bearish wave before the tides turns bullish
~RSI has room to go to 430, so it is not out of the question of possibility
~The VI looked like it was about to switch momentum to bullish, but the red line is starting to curve back upwards giving the question is it really a reversal to bullish yet?
~Using Elliot Wave theory's 5 part wave we have completed the first 4 parts and are in need of the fifth. This theory predicts group mentality overall and is often times the case.
~Previous waves hint that this may be the last bearish wave before the tides turns bullish
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.