A possible scenario for SP500

Updated

The other possibility is that the current move is the first wave of another bull trend, but I doubt, considering the sharp sell-off a few weeks ago. We'll see. For the people who want to buy into the market, I would suggest to wait at least for the next oversold condition (check out daily MACD for instance).

Note

More negative bar patterns at current point indicating possible downturn. If prediction happens, it will be a strong selloff, as this would be the 3rd wave down. Not a time to enter long.

Note

Is this the 3rd wave?? If yes, fasten your seat belts.

Note

Our Prediction seems to be justified. The odds that this one is a major 3rd wave is increased due to the strength of today's drop.

TRDVMA

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