S&P 500 view for tomorrow 20/11/2023-Expected to have completed wave 5 within wave 3 and expecting a decline in wave 4 before any further rally in wave 5.
Spxlong
S&P500 Index analysis with vixplosion, and vixcrush. What is ViXplosion & ViXcrush?
ViXplosion is a phase during which the VIX rises and ViXcrush is a phase during which VIX cools off.
The last ViXplosion was triggered on 06-04-2022 and the latest ViXcrush was triggered on 16-06-2022.
S&P 500 Index | Head & Shoulder Pattern observedHead & Shoulder pattern observed in S&P 500 Index. Should the pattern confirm by breaching 2800 on closing basis, one can expect the index to fall towards 2645.
En route 2720 area is a visible support for shorts to be wary of.
