SPX500 correction soon to be finished

Updated

Quick idea to show that the Hash Ribbon indicator has turned green on 1D an Hourly timeframe.
The MACD is about to touch bottom and reverse.

These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.

Note

Bad news, the SPX500 broken the raising trendling to the bottom. Things seems to turn bloody for the US market.
The shit hit the fan some will say. I still think that the SPX will bounce back, once they will print more money, they have no choice than doing it, so let it be!

Note

Here is an updated chart. I think that we are having a correction, and it is understandable, I had forecasted it in another idea that I published, so no worry.
What goes up need to consolidate.
Now with lowering the interest rates and printing more money, the US will continue to pump the markets. Some Billionaires have sold half of their stocks, to buy the dip.
No armagedon, just a good FUD that will clean up the moon boys and remind people to not be too greedy and avoid leverage!

Note

S{X500 got a reboound as expected. It now needs to reintegrate its ascending channel for confirmation.

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The SPX500 has re-integrated his raising wedge pattern. The Tradfi bullrun can continue.

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The chart is following more or less my prediction. Let see if the SPX500 can continue its growth or will it crash? I think that the crash is postproned, while it will happen, but money printing is coming, which will save Wall Street again.

CryptoNikkoid

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