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S&P 500 Index
Short
Updated

SNP500 (SPX) - Bearish Intermediate (C)

561
The question is not if it's going to drop that hard, the question is if it's gonna honor the fibs and provide a good entry.

When it hits the fan, don't say you weren't warned.
Note
Brace for impact part 1:
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*SPX created a higher high, enough to complete the corrective pattern.
Will it honor the fibs as well or just start tumbling?
Note
Seems like it's forming an Ending Diagonal.
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Trade active
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EW4X
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Elliott Wavesnp500snpshortSPX (S&P 500 Index)S&P 500 (SPX500)spxsellstandardandpoorsWave Analysis

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Elliott Wavesnp500snpshortSPX (S&P 500 Index)S&P 500 (SPX500)spxsellstandardandpoorsWave Analysis
EW4X
Also on:

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.