SP-500 : We are already in a recession!

By EXCAVO
Updated
We see a leading expanding diagonal. The target zone of five waves intersects with the support line of the higher timeframe. Wave rules are complied. Further, we expect a rollback towards the resistance line - wave B and a subsequent correction - wave C.

A potential black swan that could happen would most likely be due to Russia's nuclear war blackmail.

Best regards,
EXCAVO
Comment
Elliott Wave Pattern: Diagonal
500Chart PatternscrisisTechnical IndicatorsnuclearSPSPX (S&P 500 Index)S&P 500 (SPX500)Trend AnalysisUSus500
EXCAVO
VIP group + EXCAVO portfolio for FREE
More info
partner.bybit.com/b/excavo

For Futures Crypto Trading without KYC
partner.bydfi.com/s/excavo

t.me/excavo - admin

t.me/excavonews
t.me/excavochannel

Related publications

Disclaimer