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S&P 500 Index
Short

Hellena | SPX500 (4H): SHORT to 38.2% - 50% Fibo lvl 5489.

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Colleagues, I have reviewed the waves a bit and I believe that when the strong psychological level of 6000 is reached, a reaction and correction in wave “2” is possible.
I propose to consider this movement as a strong five-wave movement. Wave “1” will be over soon.
I consider the 38.2% - 50% Fibonacci levels of 5489 to be the main target of the correction.

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Hellena_Trade
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Chart Patternselliotwaveanalysisforexsignalshellenahellenatradesignalservicesnp500S&P 500 (SPX500)Trend AnalysisWave Analysiswavetheory

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Chart Patternselliotwaveanalysisforexsignalshellenahellenatradesignalservicesnp500S&P 500 (SPX500)Trend AnalysisWave Analysiswavetheory
Hellena_Trade
✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader
Also on:

Related publications

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.