SPDR S&P 500 ETF TRUST

Long

Failed Harmonic Pattern Confirmed!

This not a Crab and Bfly @ 1618! It is just a weekly 1.618 that is now failing. After 15 months and 2 significant pullbacks, this is officially a harmonic breakout SP500 above 2050! The 2.0 extension 248 is NOW the new target. This is what happens with price action after such a consolidation.

Scott Carney
HarmonicTrader.com
Founder

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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.

Scott Carney
HarmonicTrader.com
Founder

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.