SP500 Up, UPRO Up - Leg2 Elliott Wave, Bigger B Correction
Overall I think we're on Leg B of a market correction in the bigger picture.
But in the short run, it looks like we're on Leg 2 of an Elliot Wave up for UPRO on the S&P overall, expecting a 6-10% rise, then a precipitous drop .
Prediction - UPRO dropping to between 58.91-59.73 with arise to between 64.5-70.08 (short run)
New to this platform, would welcome feedback. First time publishing, hoping the graphic comes through.
I expect money to flow out of NASDAQ into the S&P as the tech pullback continues.
*NOT FINANCIAL ADVICE - Just speculation - Discussion Purposes Only*
But in the short run, it looks like we're on Leg 2 of an Elliot Wave up for UPRO on the S&P overall, expecting a 6-10% rise, then a precipitous drop .
Prediction - UPRO dropping to between 58.91-59.73 with arise to between 64.5-70.08 (short run)
New to this platform, would welcome feedback. First time publishing, hoping the graphic comes through.
I expect money to flow out of NASDAQ into the S&P as the tech pullback continues.
*NOT FINANCIAL ADVICE - Just speculation - Discussion Purposes Only*
Dagangan ditutup: hentian tercapai
I missed by 1 Day. Such a lovely 15% upswing. Stopped out 1 day too early. Then a downswing today.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.