SP500 completed one reverse triangle, propably as wave 4.
Now with the lower low is wave 5. If the price go up and break the top of wave 4 (reverse triangle),
then the price will continue to move up with targets 161,8% and 200% of Fibanacci.
Now with the lower low is wave 5. If the price go up and break the top of wave 4 (reverse triangle),
then the price will continue to move up with targets 161,8% and 200% of Fibanacci.
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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.