es future wave analysis ( spx) $spx ES_F CME_MINI:ES1!
spx wave analysis ( es futures
1. if we are in wave 4 we go down for wave 5th final leg of wave A ( first target 3470 2nd target 3137) and 50 - 61% fibo of wave A retrace upside after finished final 5th wave
2. if we are heading for X wave upside ( first target 4040 2nd target 4300 approx.
3. ultimate target first PT 3248 extension target 2755
Waveanalyis
USDCAD UPDATEUSDCAD has recently made a change of structure from a daily perspective after forming a head and shoulders formation price made a bearish impulse to the downside breaking the lows, after the impulsive wave USDCAD has provided us with a corrective wave, after which i will be looking for the continuation to the downside, we have a beautiful zone of confluence with the 0.618 fib and the descending trendline potential 3rd touch - also lines up beautifully with the psychological level of 1.29500. I will be monitoring PA all around this area for potential entry confirmations on the LTF according to our strategies.