aibek

S&P 500. Possible map for current correction

aibek Güncellendi   
SP:SPX   S&P 500 Endeksi
It looks like first 5 waves down of wave A are over in the upcoming zigzag structure.
Next we could see 3 waves up in the countertrend correction, wave B.
It could reach between 50% and 78.6% of wave A.
Then there is a second leg of 5 waves down of wave C.
Let us see how it goes.
Yorum:
It reached the charted end of zigzag, it would be a magic if it falls right from there
Yorum:
Now it is safe to say that the blue zigzag I added to the chart is showing magical accuracy )))
Yorum:
It could be a full retracement in wave B to shape regular flat
Yorum:
two other options white & blue labels
As soon as previous top at 2789.15 wasn't tagged there is a chance that we have very deep wave 2 of C (white).
Blue option have no problem with this invalidation level and can unfold anyway.
Yorum:
Update with new labels
trend is your friend
Yorum:
Updated target at 2434 where Y=W (yellow labels)
Yorum:
Updated targets:
Target 1 = end of W = 2533
Target 2 = y=w (yellow) = 2472
Yorum:
initial idea almost fully came true but the reversal invalidated this pattern at the end
Feragatname

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.