S&P 500Atualizado Getting confident with this S&P move...
Blending my 2 previous SPX posts, we are in W-X-Y correction before trend continuation downwards which is being represented by a bearish bat pattern.
We are in wave Y and lack of divergence on daily chart brings me to believe minute wave 5 of the Y wave has not been reached. Therefore we are heading right now to wave 4 to retest moving averages before a high around 4220 area.
On the daily RSI expecting some bearish divergence surrounding the 68 level (previous RSI high) to confirm these moves.
We are in wave Y and lack of divergence on daily chart brings me to believe minute wave 5 of the Y wave has not been reached. Therefore we are heading right now to wave 4 to retest moving averages before a high around 4220 area.
On the daily RSI expecting some bearish divergence surrounding the 68 level (previous RSI high) to confirm these moves.
Nota
Theoretically we either still in wave 4 and set to rebound to BAT target of 4224 or we have avoided a divergence and have completed wave 1 and are set to rebound for a lower high approx 4140Already positioned short at 4153 and have a hedge long at 4000 exactly
Between 4174 - 4308 are great short opps
Wrong if daily close above 4360
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.