correction wave formation in S&P 500
Updated
Elliott Wave Analysis:-
correction Wave's:-
View 1:-
A wave and B wave was completed for forming a regular flat / Zig-Zag.
C wave was expected to fall upto 4197 - 4270.
View 2:-
If the C wave never break level 4335 of A wave then triangle pattern is in formation.
D wave never break B wave.
View 3:-
If B wave go beyond 4607 it may form an irregular flat and it may go upto 4860 - 4718.
i'm not a SEBI registered advisor.
Before taking a trade do your own analysis or consult a financial advisor.
I share chart for education purpose only.
I share my trade setup.
correction Wave's:-
View 1:-
A wave and B wave was completed for forming a regular flat / Zig-Zag.
C wave was expected to fall upto 4197 - 4270.
View 2:-
If the C wave never break level 4335 of A wave then triangle pattern is in formation.
D wave never break B wave.
View 3:-
If B wave go beyond 4607 it may form an irregular flat and it may go upto 4860 - 4718.
i'm not a SEBI registered advisor.
Before taking a trade do your own analysis or consult a financial advisor.
I share chart for education purpose only.
I share my trade setup.
Trade active
View 1 was achieved. It reached and entering our W level.Note
the below chart is updated view:- the fall may extend till 4155 - 4195.Note
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