SPX: This Grand Super Cycle is complete. Wave (V) touched the upper resistance- line (blue) in recent days.
According to the rules, the following correction will stop in the region of Wave (IV) or even lower.
According to the rules, the following correction will stop in the region of Wave (IV) or even lower.
Note
The 2nd chart shows details for the coming days: After having finished the corrective abc-pattern of wave 4 (black), there will be a retest of the resistance-line (blue) in a terminating wave 5.
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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.