S&P 500 - Are you guys seeing this?
Updated
This expanding diagonal wave A is completed and potential wave B has yet to finish.
But are we actually heading for another sharp bearish trend for the stock market?
But are we actually heading for another sharp bearish trend for the stock market?
Trade active
S&P500 is still on rise for a potential corrective bounce to the upside Wave B until 4500 level , but when it finds a rejection, our bearish bias would still be enforce.marketpainterPH
#elliottwave
Trade active
US500 reacted at the 4600 psychological level. The major bearish wave C is the projection here below 3400.marketpainterPH
#elliottwave
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.