1). The S&P 500 could bounce back soon, especially if Tariffs prove to be overwhelming! A). Price is on a wave 5 South towards 4650. 2). 4650 is at the 27% retracement, and typically a reversal level.
Note
You'll find on website...Red arrow back in January!Note
The "Boss" is very likely going to hit it again tomorrow...then at some point, say it was a mistake!Note
Of course, if price breaks lower...next could be 4000 area or so!
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.
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.