Analyticssage

S&P500 Elliot wave ,bearish setup , Update 6!

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Analyticssage Güncellendi   
Jesus! I cant believe this is the 6ht update on this Sh*T!
this market is becoming so boring and I can't believe it has not crash yet!
I have some big short position on this so I am watching this non stop.
this is the last count. there are 3 possibles as I explained in my previous post.
1- a triangle and the wave 5 and then crash
2- crash
3- another uptrend extension!!!!(can't even imagine this as an option!)

I am going for the triangle option as I am not 100% sure about the last wave, I can not confirm 100% is the wave 5 is over or not
Yorum:
It seems that the triangle Idea gonna be correct, wait for the breakout to confirm it
Yorum:
in case anyone wants to trade this pattern this is the setup
Yorum:
so , wave 5 now !
Yorum:
the wave count is complete now, complete 5 way, I am expecting the market to crash at some point
Yorum:
this is the 2day chart, will it crash just around the all time high?
Yorum:
the market is not moving at all! I was expecting to see an uptrend for wave 5.
in case it dose not move and crashes this will be the possible wave count
an ending diagonal for wave 5.
I am NOT 100% sure yet as it is not moving to waves to unfold. I am giving you a option
Yorum:
Yorum:
The fact that we broke the D wave it proves the ending triangle idea we had before.
The market is downtrend until I see a reversal sign.
How far will it go?
There are 3 targets but I need to see a 3rd wave starting first

Yorum:
The ideal.target will be where the triangle started but we need to break the d wave of the daily triangle first .
So my first target is the d wave of the triangle
This is the daily chart
Yorum:
If it breaks the invalidation I will stop counting bearish until I see another signal
I am also not buying this as all the indicators show divergence
Yorum:
The bigger trendline is at the fibi ratio
So I am expecting the price to get there
İşlem elle kapatılmış

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.