Long term outlook for SP500 has been completed.
We saw wave B extend and unfold in an expanded pattern. However the downside was imminent and has now reached its minimum requirements.
For now I consider this all still to be corrective but by managing this trade you can squeez as much as possible out of the short.
Once I see a reversal sign I will update this post for a new high in the SP500 before this 9year GDP bull market will come to an end.
Happy holiday's to all of you!
We saw wave B extend and unfold in an expanded pattern. However the downside was imminent and has now reached its minimum requirements.
For now I consider this all still to be corrective but by managing this trade you can squeez as much as possible out of the short.
Once I see a reversal sign I will update this post for a new high in the SP500 before this 9year GDP bull market will come to an end.
Happy holiday's to all of you!
