mikeoakster

One more corrective leg?

FX:SPX500   S&P 500 인덱스
Although the current rally has taken the index to new all time highs, it has been contained in parallel lines and has been challenging the base of the channel instead of its top, therefore it seems weak and, until proven otherwise, I consider it to be a potential corrective ABC wave instead of an impulse (as it appears to me has been happening since year 2009...).

Price targets:
- 2193.2: Minuette v = Minuette iv * 2
- 2194.1: Minuette v = (net Minuette i to Minuette 3) * 0.382
- 2194.6: Minuette v = Minuette i * 1.382
- 2195.7: Minute c = Minute a

Time targets (low probability):
- Minute c = Minute a * 2
- Minuette v = (net Minuette i to Minuette 3) * 0.382

I think the most important targets cannot be calculated yet because they will result of the internal structure of Minuette wave v itself.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.