Elliot Wave Count Guideline
It appears that the #SPX has experienced a whole #cycle 1,2,3,4,5. If I am correct, #SPX in now experiencing a WAVE 2 #correction.
I will keep everybody update on hopefully a nightly basis, so that we prepared for #WAVE 3 #impisive. It should be a 4 to 6 #week #rally.
I will keep everybody update on hopefully a nightly basis, so that we prepared for #WAVE 3 #impisive. It should be a 4 to 6 #week #rally.
Trade closed: target reached
SPX has landed on #support #line last #friday. I suggest that we are going to #bounce from this #level tomorrow. Whenever the FED makes its announces from the #FOMC meeting, the #market tend to go up from that point and time. FED Powell has informed the investment community that he is only going to #raise #rates #50 basis points.SPX, DIA, NDX are negative in a downtrend. We should get get #confirmation this week if the #markets are in a real #BEAR #MARKET,
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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.