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SPX - 2 day chart - 2 possible paths

160
3/19/20. 2 day chart.
Drawing out 2 most likely paths. Gold color considers possible higher (B) wave top. White color represents topping of the cycle with larger A-B-C correction.

snapshot
Note
4/6/20
Entering Resistance zone _1

snapshot
Trade closed: target reached
Target reached - SPX has arrived at (B) area. I am out of long positions to watch how it resolves.
Note
4/17/20
Closing long positions.
30% move up.
I think 2900 is possible but it's about risk vs reward not picking the top and bottom.
Successful_Inv_Strategies
Also on:
Beyond Technical AnalysisChart PatternsSPX (S&P 500 Index)Trend Analysis

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.
Beyond Technical AnalysisChart PatternsSPX (S&P 500 Index)Trend Analysis
Successful_Inv_Strategies
Also on:

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.