badbeatnuts

SPX500 - what up

badbeatnuts Güncellendi   
OANDA:SPX500USD   S&P 500 Endeksi
I think we just completed wave 3 down and should move to fib 50 for wave 4 and then final wave 5 down. Also coincides with ABC correction before we can continue march up.

I would monitor the fib .50 level, could go to .618 or .786 even at which point, last wave 5 down/ C wave could not come to fruition. For now, let it go up but be ready to pull trigger on some + gainers to lower risk.
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Bonus Fractal:

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Another current view:

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Went above the projected zone but hit the curve nicely. Next moves?


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Ok, so market is factoring either candidate win? Biden may fix relationship with China and is a better overall international relationship advocate compared to Trump but uncle T watches over the corporations? Either way, if we do not go down from here, chances are a massive bullrun to spark given the high volume.

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.