The Renko chart for the S&P 500 Index (SPX) is now showing a sell signal.
This charting system is used exclusively to spot a trend.
We have the same candle pattern as back in February 2020 before a major correction.
This pattern came up again January 2022.
We can also draw the classic ABC EW correction here:
We are looking at a ~13% drop from the current price and up to 26% if things get really bad.
Namaste.
This charting system is used exclusively to spot a trend.
We have the same candle pattern as back in February 2020 before a major correction.
This pattern came up again January 2022.
We can also draw the classic ABC EW correction here:
We are looking at a ~13% drop from the current price and up to 26% if things get really bad.
Namaste.
Note
First target hit.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.