This is my primary count for s&p because the wave structure looks unfinished.
Alternative would be that we are that we finished 3 waves up if we are still in megaphone but i think that corona bottom was E wave of megaphone so it is not likely to me. Also there is possibility that we finished 5 waves up but then wave 4 was lasting 10-20 april and i think that is too short, after which there was extended fifth till ATH but that count i dont like because of that too short 4th wave and because it doesnt fit me with eurusd and gold waves.
Alternative would be that we are that we finished 3 waves up if we are still in megaphone but i think that corona bottom was E wave of megaphone so it is not likely to me. Also there is possibility that we finished 5 waves up but then wave 4 was lasting 10-20 april and i think that is too short, after which there was extended fifth till ATH but that count i dont like because of that too short 4th wave and because it doesnt fit me with eurusd and gold waves.
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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.