🌎The first wave of the current impulse has ended, and we are now in the second.
The second wave's target has been met—the gap has been closed.
A breakout of 6870 will confirm that we are entering the third wave.
This marking fits well with the New Year's rally.
Also, the expectation of a Fed rate cut, as well as the end of the shutdown, will support the bullish momentum.
The second wave's target has been met—the gap has been closed.
A breakout of 6870 will confirm that we are entering the third wave.
This marking fits well with the New Year's rally.
Also, the expectation of a Fed rate cut, as well as the end of the shutdown, will support the bullish momentum.
Trade active
SPX active. waiting rise
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.