Sharing my thoughts and observations on SPX500. Divergence observed at MACD and RSI (external) using H4 chart triggers the signal of a potential change in trend. If that's true, the fifth wave would have been completed. A TP could be set in the confluence point of Wave 4-5's Fibo 38.20% and Wave 4-X's Fibo 100%. Awaiting confirmations.
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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.