Prediction of S&P 500 Chart
End of bull market.
-100% extension of fall from 1555 to 740 = 815 points.
-1555 + 815 = 2370 (Market top)
Ending Elliot Wave 5 of the recent rally.
Prediction : 5 wave downtrend (Bear market)
-100% extension of fall from 1555 to 740 = 815 points.
-1555 + 815 = 2370 (Market top)
Ending Elliot Wave 5 of the recent rally.
Prediction : 5 wave downtrend (Bear market)
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.