S&P 500 wave pattern
Updated
The S&P 500 is in in up trend. I believe we will see a couple months of correction before the next up move.
I know some of you are already asking what would FUNDAMENTALLY have to happen for that .
Well we will never know !! But the structure is already showing us the possible up move. I will be following this on lower time frame to see how the corrective structure develops . We will watch for a corrective structure to complete before the next up move . If the first fall is the A wave then we will see another low for the C wave.
Follow me for more updates on lower time frames.
your comment is welcome . Like if you agree.
I posted the webinar I did Friday on Aussie Pairs. If you didn't get it skype me for it : mangal457.
I know some of you are already asking what would FUNDAMENTALLY have to happen for that .
Well we will never know !! But the structure is already showing us the possible up move. I will be following this on lower time frame to see how the corrective structure develops . We will watch for a corrective structure to complete before the next up move . If the first fall is the A wave then we will see another low for the C wave.
Follow me for more updates on lower time frames.
your comment is welcome . Like if you agree.
I posted the webinar I did Friday on Aussie Pairs. If you didn't get it skype me for it : mangal457.
Note
They know it now, the structure was showing it all the time.investing.com/news/stock-market-news/s-p-500-opens-at-all-time-highs-above-2,135-points-413632
Note
The Power of WAVE ANALYSIS !! When all the FUNDAMENTALIST thought it going to hell ,wave analysis says , consolidation for 6-10 months then UP!!!
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Training : add to skype mangal457
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
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