Tentative Possible Completion of SPX WXY Corrective Retracement
Updated
Pre-called 2802 and saw it touch today. There is strong support on upper channel trendline; doubtful we will see retest of lower channel line, barring catastrophic geopolitics.
Expect more turbulence and consolidation at this level just above support in the 2810 - 2840 area for a week or so; eventually should breakout thru strong R at 2640.
This is not advice and Im not an advisor, it's purely an educational post. Good luck traders!
Expect more turbulence and consolidation at this level just above support in the 2810 - 2840 area for a week or so; eventually should breakout thru strong R at 2640.
This is not advice and Im not an advisor, it's purely an educational post. Good luck traders!
Trade active
Pretty sure now we are out of the corrective wave, lol, is bulling up strong.Target shell for this run: 25800 - 26000 on Dow, 2880 - 2900 SPX, good luck!
Related publications
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.