Long
SPX - Next Levels
We’re evaluating the move starting from April 2025.
It looks like we’re nearing the end of this move, currently plotting the fifth wave.
Corrections of waves 2 and 4 are roughly equal in size.
Fibonacci levels indicate the next target around 7,200.
The 7,600 level (slightly below or above) roughly aligns with a larger Fibonacci extension, counting the first wave from October 2022 to July 2023.
Potential targets:
7,200
7,600
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It looks like we’re nearing the end of this move, currently plotting the fifth wave.
Corrections of waves 2 and 4 are roughly equal in size.
Fibonacci levels indicate the next target around 7,200.
The 7,600 level (slightly below or above) roughly aligns with a larger Fibonacci extension, counting the first wave from October 2022 to July 2023.
Potential targets:
7,200
7,600
---
Please subscribe and leave a comment.
You’ll get new information faster than anyone else.
---
Trade closed: target reached
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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.