SP500 : Inminent Bullish Breakout

Updated
good morning traders,

There´s a Wolfe Wave pattern on SP500 , and despite the downtrend in 2022, I expect a bullish breakout,´

Only below 3900 bulish scenario is cancelled

Fundamental reason supporting the decision is primarily inflation: peaked on June

tradingeconomics.com/united-states/inflation-cpi

Josep Pocalles




Trade closed: stop reached
Scenario is invalidated till we are back above 3900

Have a great weekend
sp500indexTrend Analysis

Josep Pocalles
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