Will the past SnP500 price pattern repeat?
Updated
Hi community, we just want to call your attention to the price pattern forming here. At ‘price pattern 1’, we saw a 5-wave corrective structure and a bullish impulse followed immediately, now we are observing a similar corrective structure forming.
Will the outcomes of ‘price pattern 2’ be similar to that of ‘price pattern 1’?
Most of the heavyweight stocks in this index have a bullish outlook this week, so we expect a bullish move after the correction is over.
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Will the outcomes of ‘price pattern 2’ be similar to that of ‘price pattern 1’?
Most of the heavyweight stocks in this index have a bullish outlook this week, so we expect a bullish move after the correction is over.
If this idea was helpful don't forget the boost button. Thank you.
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