Expanding triangle
Target: 49.5
In Elliot-Wave theory, triangles have 5 sides and each side is usually subdivided into 3 waves. Analysis valid as long as the channel stays intact. Equities will micro-bottom mid-June before the commencement of the melt-up rally!
Earlier analysis:
48.5/49.5 achievable with an extended market correction. Implied volatility uptrend due to fundamental reasons ( Inflation /War).
S&P 500 target would equate to 3950-4000 in this projection!
NASDAQ: 12K (Wave 1 top) or 11K (200 Week EMA / 50 Month EMA )
https://www.tradingview.com/chart/VIX/4ejQOw2Z-VIX-48-5-49-5-in-Extended-Correction/
Target: 49.5
In Elliot-Wave theory, triangles have 5 sides and each side is usually subdivided into 3 waves. Analysis valid as long as the channel stays intact. Equities will micro-bottom mid-June before the commencement of the melt-up rally!
Earlier analysis:
48.5/49.5 achievable with an extended market correction. Implied volatility uptrend due to fundamental reasons ( Inflation /War).
S&P 500 target would equate to 3950-4000 in this projection!
NASDAQ: 12K (Wave 1 top) or 11K (200 Week EMA / 50 Month EMA )
https://www.tradingview.com/chart/VIX/4ejQOw2Z-VIX-48-5-49-5-in-Extended-Correction/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.