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Keops

SPX500 | 3H | Wave Channel View

S&P 500 Index (FX:SPX500)  
Keops  
FX:SPX500   S&P 500 Index
S&P 500 (SPX500) wavechannels
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spx500 wavechannels
Happy New Year y'all !! Why not starting the new year with a wave channel chart of the SnP 3H. The channels are derived from market geometry. A bounce is expected to reach the upper channel edge then hit resistance (around 2249). There is a high possibility of the price going down and exiting the channel to follow the downward golden line until around 2200 level.

snapshot

Cheers,

Keops
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