Corto
S&P500 to test its support @ 4434
A simple A B C zigzag correction is completed in S&P500 index.Wave 'A' is 5 wave(wxyxz )marked as 12345 and Wave'C' is 5wave terminal expanding pattern(3,3,3,3,3)
Minimum requirement of wave''C'' is achieved (62%ofA) @ 4819 on 4th Jan'22.
This index will take a breath at this zone(62%) and test for its support level before making any upmove further.
The first support level ( c2,c4 trendline) is @4434. If this level brokes, we can see another bout of decline as this index starts its next phase of bear market
Minimum requirement of wave''C'' is achieved (62%ofA) @ 4819 on 4th Jan'22.
This index will take a breath at this zone(62%) and test for its support level before making any upmove further.
The first support level ( c2,c4 trendline) is @4434. If this level brokes, we can see another bout of decline as this index starts its next phase of bear market
Operación activa
C1 ,C2 and C3 completed now c4 under progress for 2 days upto 4714Nota
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.