Long

There's a storm on my chart

Updated

Hi everyone,

I see two possibilities.

Blue or Brown ? (we have to see!)

Technical Section:

The Blue Path: S&P500 is completing the fifth wave of the 5th wave of a five-wave rally.

Wave 5 = 2.618 x length of Wave 1
Wave 3 = 2 x length of Wave 1
Target = 5790

The Brown Path: S&P500 is completing the fifth wave of the 3rd wave of a five-wave rally.

Wave 3 = 4.236 x length of Wave 1
Target = 6440

Trade active

Note

SPX

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S&P 500 (1871-2024)

(The Blue Path) Wave 5 is still not complete

Target > 6000

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SPX

Note

SPX 5366

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SPX 5421

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In a lot of ways ...

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SPX

the key level to watch today is 5441

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SPX (4h)

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SPX- New ATH

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SPX

Brown ?

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SPX- Short term

Target= 5537

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SPX

+0.33% 5505

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SPX

Trade active

SPX

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Jun 18 (Comment: SPX- Short term)

Update

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SPX

5526

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SPX

5553

Note

SPX

5615

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SPX

Note

SPX

Note

SPX

5664

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SPX- Update

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SPX

Something has changed

No comment!

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Sometimes doing nothing is the best

I will be unavailable until Aug 9, 2024

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SPX

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SPX- stampede

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S&P500- Update

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SPX

5707

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SPX

To the best of my understanding, I think ...

Target-1 = 123.6% of wave A

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SPX-

5730 ;)

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S&P500

5767

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Lockheed Martin +3223%

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SPX- Bullish

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SPX

5783 ;)

Trade active

Target reached

Trade active

SPX- What next?

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SPX- Trade Plan (No. 2)

Short-Term Overview
Bias: Bullish
Date: 10 Oct 2024
Stop level: 5680
Target: 5980 (25 Oct 2024)

Trade active

SPX- Update

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SPX

Note

SPX- Update

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SPX- Trade Plan (No. 2)

Target reached

Note

SPX- Trade Plan (No. 3)

you tell :)

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