The
SPX500
is nearing the completion of the corrective move higher. We have just completed the ABCD to the downside with a nice rally later in the US session yesterday to move off the low.
Today we have 2 levels to watch.
Option 1- Temp Bullish.
This will see us head higher into the 4680-4720 area a little higher than the 78% level. Then this would bring the start of the move lower towards 4k. April the 12-13th is a major Monthly AI turn point and astro event. This is where this scenario is lining up nicely.
Option 2 - Corrective move finished.
This more bearish option would take us to the 4550 -4565 area before failing in a 135 bearish pattern.
Either way we are nearing a top or its already in.
I hope this helps.
Let me know your thoughts.
SPX500
is nearing the completion of the corrective move higher. We have just completed the ABCD to the downside with a nice rally later in the US session yesterday to move off the low. Today we have 2 levels to watch.
Option 1- Temp Bullish.
This will see us head higher into the 4680-4720 area a little higher than the 78% level. Then this would bring the start of the move lower towards 4k. April the 12-13th is a major Monthly AI turn point and astro event. This is where this scenario is lining up nicely.
Option 2 - Corrective move finished.
This more bearish option would take us to the 4550 -4565 area before failing in a 135 bearish pattern.
Either way we are nearing a top or its already in.
I hope this helps.
Let me know your thoughts.
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
