SPY larger flat for upside eventually? Bearish for now Satış

SPDR S&P 500 ETF TRUSTArca

Açıklama

⋅ 20 Eki 2018 02:55

I think the overall pattern is bullish, but we will get a few more moves down of selling if my analysis is correct!

Let's see!

Yorum

⋅ 20 Eki 2018 12:48

Yorum

⋅ 20 Eki 2018 12:49

Weekly view, eventually we will get another super cycle correction. Just can't really forecast when at this time.

Yorum

⋅ 23 Eki 2018 22:32

Yorum

⋅ 23 Eki 2018 22:33

broke A wave and reversed. I'll look for a setup to sell over the next week!

Yorumlar

TradeAlchemy

⋅ 21 Eki 2018 18:40

I totally agree with this wave count, but since this is an expanded flat, there's a possibility C might end up being lower than A. before we head back up.

adambiers

⋅ 23 Eki 2018 22:31

@DWSKTrader, Yessir! Keep in mind of the running flat as well :)

Sasquatch_Trader

⋅ 20 Eki 2018 03:41

Too many stocks correcting from a bump and run formation. This is a 3-month or longer correction. Likely a recession beginning.

adambiers

⋅ 20 Eki 2018 12:39

@trade_dog_21,

the corrections already been happening for 263 days :)

adambiers

⋅ 20 Eki 2018 12:47

adambiers

⋅ 20 Eki 2018 12:40

@trade_dog_21, I can def see the C wave taking 3+ months to complete. I think I have an example.

Daha Fazla