The entire move since Nov 2022 lows doesn't look impulsive.
Possible ABCDE complete / almost complete. Easy invalidation of W.4.
For safer entry, wait for current area to trap traders before breaking down.
No change to my previous target at 14.5k.
For confluence - SPX at resistance.
Good luck.
Possible ABCDE complete / almost complete. Easy invalidation of W.4.
For safer entry, wait for current area to trap traders before breaking down.
No change to my previous target at 14.5k.
For confluence - SPX at resistance.
Good luck.
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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.