SPX Wave A correction might be over and wave B has started
PX need to hold 2352 for Wave 3 to continue .. .If recent low 2478.9 or 2352 holds then Wave 3 is going to Continue..
It looks impulse wave A down from 3393 to 2478.9 is complete and Wave B (Corrective Wave) might target 2935 SPX based on current week progress. things might change as more information unfolds.. wave B duration could be 4 to 6 weeks but let us look for target of 2935..
SPX buy level any where between 2478 to 2569... buy as low as possible closure to 2478 strict stop loss need be around 2438(1% loss)
and first target is 2935 ...
View invalid below 2438 and need to do further analysis
It looks impulse wave A down from 3393 to 2478.9 is complete and Wave B (Corrective Wave) might target 2935 SPX based on current week progress. things might change as more information unfolds.. wave B duration could be 4 to 6 weeks but let us look for target of 2935..
SPX buy level any where between 2478 to 2569... buy as low as possible closure to 2478 strict stop loss need be around 2438(1% loss)
and first target is 2935 ...
View invalid below 2438 and need to do further analysis
Trade closed: stop reached
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.