As per the current count it looks like we are in last leg up of the complex correction for the completion of Wave .Y (Yellow) once the same is done which should be confirmed by a break of the Pink channel to the downside we can see a huge leg down which can take SPX to the 2530 levels or even lower.
Bearish sign : Break of channel to downside.
Expected targets : 2530 and lower.
Stop loss : Swing High once the same is formed.
Bearish sign : Break of channel to downside.
Expected targets : 2530 and lower.
Stop loss : Swing High once the same is formed.
Nota
Hypo 1 : Continuation of Bearish Scenario : Nota
Hypo 2 : Bullish Scenario : Nota
Hypo 3 : Bullish Scenario : Nota
Bullish scenarios will get Invalidated below 2674.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Aviso legal
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.