SP500 AB=CD Bull
See chart for pattern.
AB, BC targets have been met.
CD move in play= 3100+ target
AB, BC targets have been met.
CD move in play= 3100+ target
Trade active
My opinion is simply we are in another consolidation. There is a lot of noise regarding fundamental uncertainty which make embraces the technicals more easier. The path is cleared for a jump into new highs if fed bank roll kicks in this earnings week.Trade closed: target reached
No mans land is no place to be
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.