High volatility ahead
Updated
Looks like that there will be high volatility from February to September 2020 due to a series of fourth Elliott waves but it appears that S&P will cross the 4000 mark in early 2021 in the fifth wave.
PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
Note
The first fourth wave appears to be in progress. Here's an updated chart.PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
Note
It appears that the second fourth wave has started. It is likely to go down to 3200-3250 before moving up to complete the fifth of the third wave.
Related publications
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.