US 500Long
US 500: Poised for Growth After Minor Correction
US 500: Poised for Growth After Minor Correction
US500, following its recent correction, has formed—or is in the final stages of forming—a five-wave structure to the upside.
Next, I anticipate a minor corrective pullback (3 waves down), likely aligning with key Fibonacci retracement levels.
Once the correction completes, I expect the upward trend to resume.
US500, following its recent correction, has formed—or is in the final stages of forming—a five-wave structure to the upside.
Next, I anticipate a minor corrective pullback (3 waves down), likely aligning with key Fibonacci retracement levels.
Once the correction completes, I expect the upward trend to resume.
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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.