SP500 scenario 2. Possible A deep Fibo≈ 50% Pullback 3/6/21

SP500 scenario 2. Wave 4 (red circled ) possible an expanding flat pattern. Wave A (cyan circled ) of Wave 5 (red circled ) possible reached... Maybe a deep pull back toward around 3300, where will be the zone for weekly 200 ema/ demand zone / and Fibonacci 50% pullback from March 2020 low..

P/s Inside any Impulsive 1,3,5 waves there is ONLY abc 3 sub waves...

Yorum:

xyz3dtrading.. Charts consist of 3Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed )