This is for simple reference. In-depth analysis in my SPX500USD chart.
Rather one more wave up to 2868 or we go now. If above, wave c higher.
Refer to SPX chart for downtrend analysis. Uptrend analysis shows same downward force coming.
backtesting trendline and reversing higher. target remains 289-290. then we drop to 280, then rather enter complex back to 290 or shoot low.
Long till .5 .618 or .786 Waiting on any pullback to enter
Layers on layers of fib gann and waves, this is the most simple chart I came up with.
China should be well aware that America is postured for a proper fight. We recently hit ATH and is showing a solid economic foundation. (Unemployment rate, GDP). China, on the other hand, showed a mediocre GDP growth and an unprecedented drop in exports. They can't afford to lose any more export growth to the U.S. If they choose to retaliate with half-assed...