S&P 500 IndexShort
Final wave is almost ready
S&P 500 looks almost ready. Wave C of 5 looks ready or almost ready. The index made an overshoot that could sign a sharp decline. If I should guess, I would say that it will open with a gap downward. The DAX fell nearly 1% today, and I recognised recently, that sometimes DAX intraday decline is a precursor to the lower open of US indexes.
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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.