There's a storm on my chart
Updated
Hi everyone,
I see two possibilities.
Blue or Brown ? (we have to see!)
Technical Section:
The Blue Path: S&P500 is completing the fifth wave of the 5th wave of a five-wave rally.
Wave 5 = 2.618 x length of Wave 1
Wave 3 = 2 x length of Wave 1
Target = 5790
The Brown Path: S&P500 is completing the fifth wave of the 3rd wave of a five-wave rally.
Wave 3 = 4.236 x length of Wave 1
Target = 6440
I see two possibilities.
Blue or Brown ? (we have to see!)
Technical Section:
The Blue Path: S&P500 is completing the fifth wave of the 5th wave of a five-wave rally.
Wave 5 = 2.618 x length of Wave 1
Wave 3 = 2 x length of Wave 1
Target = 5790
The Brown Path: S&P500 is completing the fifth wave of the 3rd wave of a five-wave rally.
Wave 3 = 4.236 x length of Wave 1
Target = 6440
Trade active
Comment
SPXComment
S&P 500 (1871-2024)(The Blue Path) Wave 5 is still not complete
Target > 6000
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SPXthe key level to watch today is 5441
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SPX- Short term Target= 5537
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SPX +0.33% 5505
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SPXTrade active
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Jun 18 (Comment: SPX- Short term)Update
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SPX5526
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SPX5553
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SPX 5615
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SPXSomething has changed
No comment!
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Sometimes doing nothing is the best
I will be unavailable until Aug 9, 2024
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SPX- stampede
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S&P500- Update
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5707
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SPX
To the best of my understanding, I think ...
Target-1 = 123.6% of wave A
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