Short
SP500 - US500 short on ABC completation Elliott Wave
In the next days there will be a important economic news (PCE and next week NFP) .. so the game can change quickly but in any case on basis my Elliott analisys I think will be completed the ABC correction still on going.
This view is supported also by the very big momentum divergence on daily chart. In any case in the correction is not excluded a touch of 4022 before the short
Today we can have a confirmation on this new short leg-> PCE data wil give has information about the next move.
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This is my real operativity and I posted only for educational scope.
If you like my analysis, click on like button
If you have comment posted below for open discussion
This view is supported also by the very big momentum divergence on daily chart. In any case in the correction is not excluded a touch of 4022 before the short
Today we can have a confirmation on this new short leg-> PCE data wil give has information about the next move.
----------------------------------------------------------------------------------------------
This is my real operativity and I posted only for educational scope.
If you like my analysis, click on like button
If you have comment posted below for open discussion
Note
errata corrige -> 4222 before short .. of courseTrade closed: target reached
close T1 but .. I aspetected more downTrade closed: stop reached
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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.