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SP500 : Inminent Bullish Breakout
S&P 500 Index
Long
SP500 : Inminent Bullish Breakout
By Realisto_FX
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Updated
Dec 16, 2022
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Dec 13, 2022
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
Dec 16, 2022
Trade closed: stop reached
Scenario is invalidated till we are back above 3900
Have a great weekend
sp500index
Trend Analysis
Realisto_FX
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