End of SPX500 correction.
End of SPX500 correction. My analysis assumes a further rise. It can be seen that the D1ATR axis (orange line) is currently rising. It can also be seen that the local peaks of the price movement form a parallel line. It can also be seen that the two wave sequences marked in the figure form a fractal. Therefore, I assume that the fractal now emerging carries similar wave sequence properties as the original fractal. It would follow that the SP500 would have a further rise. The next target price is 4353usd.
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