Hello everyone,
We have a very clear 3 wave structure here that has extended the 3rd over the 1.618% fib extension after breaking up from the ending diagonal in the intermediate 4th wave position. I wouldn't expect SP500 to fill the 3,800 or 3,600 gap anytime soon guys. So I think 4,000 or maybe , possibly over shot 3,900 worst case IMO. The 1 fib level will likely hold as strong support, but let's see.
We also know our buddy Jim Crammer is bearish, so there's that...
We have a very clear 3 wave structure here that has extended the 3rd over the 1.618% fib extension after breaking up from the ending diagonal in the intermediate 4th wave position. I wouldn't expect SP500 to fill the 3,800 or 3,600 gap anytime soon guys. So I think 4,000 or maybe , possibly over shot 3,900 worst case IMO. The 1 fib level will likely hold as strong support, but let's see.
We also know our buddy Jim Crammer is bearish, so there's that...
If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
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If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.