The S&P 500 has begun minute wave A of minor wave Y.
Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up to about the 4565 level.
Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up to about the 4565 level.
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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.