Recovery ends in S&P500
Time cycle plays a vital role in Neo wave [renewed EW]analysis.
Both time and price are the Manthra in Trading.
The ancient Fibonacci and Elliott waves are the only TWO usefull tools foy my analysis both for trading and forecasting.[strictly My opinion]
I find this method of trading which suits me and giving consistency of profits[at least 62%] for the past 20 years
ok! S&P500 index almost reached its destination @4048 which is a less than 38.2% of recovery[4088]
Black Friday is the turning point ,IF any miracle happens on Monday[28th Nov],the index surpasses 4088 then we have a different story,
Let's Hope least
Both time and price are the Manthra in Trading.
The ancient Fibonacci and Elliott waves are the only TWO usefull tools foy my analysis both for trading and forecasting.[strictly My opinion]
I find this method of trading which suits me and giving consistency of profits[at least 62%] for the past 20 years
ok! S&P500 index almost reached its destination @4048 which is a less than 38.2% of recovery[4088]
Black Friday is the turning point ,IF any miracle happens on Monday[28th Nov],the index surpasses 4088 then we have a different story,
Let's Hope least
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trade along with trend, after 5 waves, 3 waves downNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.