I posted an idea for SPX500USD and SPY a couple weeks ago saying I was legging into July puts because we are nearing a major top.
That top is likely in, but here is the confirmation I am looking for to signal a larger degree B-wave has completed:
- Expect small bounce to around 5283 - Then drop to 5215-5240
** If this occurs, and is followed by a bounce to 5292-5293, it will set up for a iii wave down to 5110 by early to mid June 2024 to confirm a larger degree C wave is in progress with end goal 4600-4700 by end of July 2024.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.