SPX has possibly completed forming Waves A and B of a complex expanded flat correction, and may be near starting its Wave C.
More likely this is the case should
DXY continue up to and above 112-115. See related chart linked below under related ideas.
Another possibility is a running flat correction where it turns back up near the 100% fib instead.
More likely this is the case should
DXY continue up to and above 112-115. See related chart linked below under related ideas.Another possibility is a running flat correction where it turns back up near the 100% fib instead.
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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.