Elliot waves identified in the S&P500 daily chart with support in the marked area. Possible long entry with resistance in the marked zone. The Second target is the lower boundary of the long-term trend channel.
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🎯 About my posts: They are kept self-explanatory in order to avoid overcomplicating and confusion. Mostly price signals and trend analysis combined with chart patterns.
Disclaimer: This is not an investment advice
________
🚀 Follow for daily posts
🎯 About my posts: They are kept self-explanatory in order to avoid overcomplicating and confusion. Mostly price signals and trend analysis combined with chart patterns.
Disclaimer: This is not an investment advice