I have been flat on SPX500 in the previous week or two and now I think I see a nice trading opportunity. Having looked at a bigger count I think we are going to ATH.
Elliottwave.com still holds bearish scenario as their base case though offering the alternative bullish count similar to mine (albeit more controversial in my view). Recently I often disagree with gurus of Elliottwave theory about practical nuances of counting waves.
So, the trading opportunity is to wait for a pullback to finish at 2995 and go long. Perhaps the rate cut will be a turning point.
Elliottwave.com still holds bearish scenario as their base case though offering the alternative bullish count similar to mine (albeit more controversial in my view). Recently I often disagree with gurus of Elliottwave theory about practical nuances of counting waves.
So, the trading opportunity is to wait for a pullback to finish at 2995 and go long. Perhaps the rate cut will be a turning point.
➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
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➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.