Hello traders! As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top. Here is the count on the daily time frame: Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+. From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue. Will search from long setups lower in the green target box and will update below. Happy trading! GMR
액티브 트레이드
giving a first try, vix reached its target. Entry @3998.1
액티브 트레이드
stop loss on entry. Monitoring the possibility of a descending broadening wedge.
액티브 트레이드
still in from @3998.1
매매 수동청산
Kicked out at entry. Now observing
노트
Targets of Adam and Eve top and Inverse Cup and Handle are at the bottom of target box
액티브 트레이드
restriked @3984.1
액티브 트레이드
stop loss on entry. A short term lower low still possible
매매 수동청산
megaphone, aiming for a lower low. Closing at 4010.1 with a gain of 0.7%.
액티브 트레이드
micro count in chart. Green zone has the target for this wave B. A breach of the green zone will increase the probability of a reversal
액티브 트레이드
still long from our greenzone 3950.2@ with stop loss on entry