ridethepig

Large correction forming

OANDA:SPX500USD   S&P 500 인덱스
=> here we are tracking the highs from a wave perspective and there is a very high chance we are witnessing the market completing a 5 wave impulse move from 2016 via tax cuts.
=> The sell-off last month looks very much like the start of the ABC correction and sharp money saw and traded the 'A' part of the leg.
=> Here we see the market remaining under pressure via rates and any recovery should be treaded as counter trend (the B part of the ABC)
=> Applying the fib here we can see initial targets for the 'C' leg will rest at 2300/2200
=> Do not jump the gun here, we are actively looking to trade the 'C' part of this corrective wave
=> Good luck all those trading US equities

면책사항

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