SP500 : The last wave has begun
Lots of people think a new bearish cycle is being started.
This often occurs at the end of a wave 3 and generally leads to a short squeeze (wave 5).
That's why I expect a final wave to come with a target at 2864.
The time boxes match with the previous ones of the last bull cycle with a 2-factor duration.
This often occurs at the end of a wave 3 and generally leads to a short squeeze (wave 5).
That's why I expect a final wave to come with a target at 2864.
The time boxes match with the previous ones of the last bull cycle with a 2-factor duration.
Note
Another possibility :Note
Reversal zone reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.