TizTrader

S&P - what's next?

OANDA:SPX500USD   S&P 500 Index
S&P chart setup: the s & p has broken out of the range. The corrective movement I expected did not materialize and we have to assume that the S&P will primarily hit new highs. The range from 4374 - 4431 is still important. In the chart you can also see a "bearish" variant, which is still possible (marked with alt.). The probability for this scenario is around 30%. Primarily the market should rise to at least 4483. A possible sub wave iii could then be concluded there.
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