THERE ARE TWO COUNTS SHOWN IN THE CHARTS SHOWING THE PROGRESS OF WAVE C IN BOTH CASES S&P 500 SHOULD CORRECT WITHOUT BREAKING MUCH ABOVE 3750. THE BLACK COUNTS ARE FOR A TERMINAL IMPULSE OR AN ENDING DIAGONAL AND THE RED COUNTS ARE FOR A TRENDING IMPULSE IN WAVE C.
oberving here, wait untill break and open below line area.
S&P 500 as on weekly show resistance can llok for sell below 3540 tgt 3480
analysis mentioned on the chart
analysis mentioned on the chart. Invalidation if it holds above 3600.
SPX is looking good for short for the intra at current levels, unless more buying volumes are shown in that area, right now its getting squeezed
Very slow grind for next 5 years or so for a mere 30-40% Does this suggest BIDEN WINS????? IDK MAN
S&P500 CMP 3390 1. Taking support at trendline (Pink marked line) 2. A bounce may expected from here (till Blue marked line) 3. If this support gets broken a downfall may be seen till 3230 (green marked line) Note : This idea is only for educational purpose.
If the candles close above the trend line(blue line), S&P is bullish.
beware if you are still long in it
The price of the S&P 500 is increasing but the Awesome Oscillator is decreasing, this states that a great downfall is coming ahead. There is proof that a downfall will come because whenever this situation comes, that when the market is rising and the AO is not rising the markets went down brutally. Please check in the years 2000 and 2008 the same thing...