SPX\S&P500
W1 – the third wave pattern has formed. The previous week closed with the level consolidating and the 1st wave breaking through (4334.4) – global targets 4045 – 3800.
What can you expect?
You can consider an entry from breaking through the level of 4277 to continue the movement down to the levels of 4092. Having canceled the movement, the price will return to the level of 4340.
Targets 4185 - 4150 - 4092
W1 – the third wave pattern has formed. The previous week closed with the level consolidating and the 1st wave breaking through (4334.4) – global targets 4045 – 3800.
What can you expect?
You can consider an entry from breaking through the level of 4277 to continue the movement down to the levels of 4092. Having canceled the movement, the price will return to the level of 4340.
Targets 4185 - 4150 - 4092