mikeoakster

Target reached, now what?

Short
FX:SPX500   S&P 500 Index
5
My 2406/7 target has been reached, so now if my plan is right, a downward impulse should unfold to complete Minor wave 4 somewhere near the base of the 1-3 channel.
Comment:
It looks to me the decline is corrective, and having a better/proper look to the rise, the upward wave seems also incomplete:

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.