S&P 500 Index Fractals & Alternate
6 years ago by haejin (88)
$32.57
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That would go hand in hand with my opinion, we still have more upside to come but only for a couple of years, especially since the US keeps printing money and pumping the market. From what I've heard in 2023 a big part of student loans will default (don't know if it's true), and it will trigger a recession... I'm not investing atm because of that, trading is ok though
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Over 8 minutes of analysis at the highest level, envies vast knowledge and thank you for diligence and sharing it ... all the best for @haejin
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I thing the general trend expected for today steadily rising support
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The price of the index closed a new positive based on the support of the rising channel, which is the level of 2770.00, expressing its adherence to the attempts to rise, so we will be waiting for the price of the first push towards 2830.00 and beyond this barrier will extend the trading around 2875.00 during the coming period
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Sp500 Stochastic ended its negative oscillation above the 50 level and in turn increased the chances of a positive price
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Luv it!! Expanded flat into an ending Diag, wave 5....jaw dropper
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I like the count but I'm curious how you get 5 waves out of (C)??. It looks very Zigzagish, thanx in advance....
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